Residential loans, which also apply to 1-4 units, can be a great option for borrowers who are looking to purchase a home or refinance their existing mortgage. Here are some key features:

1. Low interest rates: Residential loans often come with lower interest rates than other types of loans, as they are backed by Government Sponsored Entities, making them an attractive option for borrowers looking to maximize their purchasing power.
2. Flexible repayment terms: Residential loans can be structured with a variety of repayment terms, including fixed-rate with 15 or 30-year amortization schedules, which allow borrowers to choose the repayment plan that works best for their financial situation.
3. Affordable down payment options: Many residential loans offer affordable down payment options, such as FHA loans that require as little as 3.5% down payment. This can make homeownership more accessible for borrowers who may not have a large amount of savings for a down payment.
4. Tax benefits: Homeowners who have a residential loan may be able to deduct mortgage interest payments from their federal income taxes, which can result in significant savings.
5. Potential for home equity: Over time, residential loans can help homeowners build equity in their home, which can be used for future home improvements, as a source of emergency funds and to build wealth.

Overall, residential loans can offer a variety of benefits to borrowers who are looking to purchase a home or refinance their existing mortgage. With relatively low interest rates, flexible repayment terms, and affordable down payment options, residential loans can be a great way to achieve the dream of homeownership while also benefiting from appreciation to build weatlh, and creating some tax shelter.

GT Investments utilizes the services of CB Loans, located at 116 S. Catalina Avenue, Suite 111, Redondo Beach, CA 90277. GT Investments and some of its Agents are Loan Officers at CB Loans (the Mortgage Broker).

DRE# 01020470
DFPI# 603-0686
NMLS# 358-342
DBO# 603-0686