Real Estate Investment

Are you thinking of purchasing a home for investment purposes? Whether you are looking to renovate a home and sell it for profit, use a property for a source of rental income, or you are already a real estate investor looking to refinance your investment, Launch can help you!

What is an Owner-Occupied Home?

An owner-occupied property is the primary residence in which you live. This could also be a second home such as a vacation home or a property with up to four units in which case the owner resides in one of the units. The occupancy status is determined at the time you apply for a mortgage.  For example, if you intend to live in the property after your loan closes, then the mortgage is classified as owner occupied.

For more information on owner-occupied home loans, CLICK HERE

What is a Non-Owner-Occupied Home?3 homes

A non-owner-occupied home is an investment property that you don’t intend to live in as your primary residence. Investment properties such as a property with up to four units that you buy to generate rental income are considered non-owner-occupied properties. If you intend to rent out the property, then the mortgage is classified as non-owner occupied.

NOTE: It is important that you provide accurate information regarding property occupancy when you submit your loan application. If you decide to move into a non-owner-occupied property or vice-versa, the property can be re-classified.


  • Easy qualification process
  • Common Sense Underwriting
  • We offer refinances and purchases
  • We do portfolio loans
  • No Pre-payment
  • Not a Hard Money Loan

Terms of Mortgage:

Max 15 years term. Payments are based on a 25 year amortization with a balloon payment at the end of year 15.

20% down payment required for purchases or finance up to 80% of appraised value.

For additional information and to speak with a knowledgeable Mortgage Specialist, give us a call at 321-455-9400 (inside Brevard) or 800-662-5257 (outside Brevard)  Option 3.

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