Real estate can be not only a primary residence, but also an investment opportunity. We have a loan 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 take a step toward making a smart real estate investment, LGFCU has a loan just for you. This loan features:
- Financing up to 80% of the property value
- 5-year ARM
- Maximum term of 15 years
- Rental property must be in North Carolina, South Carolina, Virginia, Georgia or Tennessee
- One rental property per member
- Refinances limited to the existing indebtedness on the property