Question:

Is there 100% single loan for investors with no mortgage insurance?

Answer:

Yes, certainly you should be able to find a 100% single loan for investors with no mortgage insurance, as recently such loans showed up on the market.

A conventional investment mortgage loan would require a costly PMI or a costly second mortgage to provide for the 20% down payment and this makes it difficult to maximize cash flow and achieve higher profitability.

Some mortgage corporations have developed a suite of 100% single loans for investors without a mortgage insurance program that will give the opportunity to investors to make a smaller single monthly payment rather than two. The benefits of a 100% single loan for approved investors are clear and it is also offered as full income as well as reduced documentation loan, which brings additional flexibility and attractiveness to the 100% single loan for investors without the need to get a mortgage insurance.

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