Call our Investment Property Lending Specialist, Dennis Fitzpatrick, today for more information or complete the below form.
Phone: (732) 732-225-1505 ext. #374 or email at firstname.lastname@example.org
*APR=Annual Percentage Rate. Rate shown is a based rate. Actual rate/APR will be based upon term, credit worthiness, and your ability to repay. Rates subject to change without notification. Repayment terms for the initial term (60 months) would consist of 60 payments of $50.67 per $10,000 borrowed. Thereafter, rates subject to change as further described in initial disclosure should you apply. Proof of income is required along with a personal guarantee. Residential 1-4 family investment properties welcomed. No short-term financing and NO housing-flipping permitted. Loan proceeds cannot be used for construction purpose. Loans are only offered for New Jersey, New York, and Pennsylvania businesses/property only. Terms available are 5/1 ARM. Loan based on 30 year amortization/15 year balloon. After 15 years, loan must be paid in full or refinanced if acceptable to lender. Minimum loan amount is $30,000. Maximum Loan-to-Value (LTV) is 70%. Applicants will be responsible for title costs, attorney fees, and closing costs.Satisfactory Homeowners’ Insurance is required. Satisfactory Flood Insurance may be required. Title Insurance may be required based on loan amount. Prepayment penalty will apply. Other terms and conditions may apply. Application fee may apply. Contact a Credit Union Representative for full loan details, terms, and conditions. Pinnacle FCU is an equal opportunity lender