Investment Property Loans
Tech CU has the loan options you need to finance, refinance, or borrow against the equity in your 1-4 unit non-owner occupied properties in California.
Investment Property Mortgages
With the one-on-one service of a highly-trained Mortgage Consultant, you will have a partner throughout the mortgage process. Tech CU offers numerous investment property mortgage programs. Explore our Rate & Payment Calculator to see some of your mortgage options. Then contact a Mortgage Consultant to have all your questions answered.
Investment Property Equity Loan
| Investment Property Equity Loan |
| Maximum Loan-to-Value1 |
Term |
Amount |
Current APR
(Fixed)2 |
|
75% |
15 years |
$10,000 - 250,000 |
8.490% |
- No Cost Loan3 - no application fees, no closing costs, no prepayment penalty and no annual fee.
- Finance charges paid may be tax deductible (consult your tax advisor).
- Receive the funds in one lump sum payment as soon as your loan closes.
| |
For advertisement only. Rates and terms subject to change without notice. Additional conditions and restrictions may apply. Non-owner occupied properties in California, 1-4 units.
1 Maximum loan amount and loan to value calculated as a percentage of appraisal minus the first mortgage. Call (408) 451-9111 or (800) 553-0880 for details.
2 Current Annual Percentage Rate (APR) determined by the Wall Street Journal Prime rate.
3 We absorb all costs associated with establishing your loan, which generally total between $140 and $2,000 depending on the loan amount. If your loan amount is over $200,000 and you pay off the balance and close the account in the first year of opening your loan, you will reimburse the Credit Union up to $750 of the closing costs we paid.