Real estate means more than your primary residence. We have loans for members interested in purchasing or refinancing a rental property.
Whether you are ready to refinance a property you’re already renting out, or you want to purchase a smart real estate investment, LGFCU has a Rental Property Loan just for you. This loan features:
- Financing up to 80% of the property’s appraised value
- 5-year Adjustable Rate Mortgage (ARM), or a Fixed-Rate Loan with term of 10 to 15 years
- Rental property must be located in North Carolina, South Carolina, Virginia, Georgia or Tennessee
- Two Rental Property Loans per member