Investing in rental properties? We're here to help.

If you are thinking about investing in a rental property to build wealth there is an expanded selection of mortgage products available. Dreyer Group Mortgages will help you get the best financing solution at the best rate.

95% Mortgage Financing for Rental Properties

Up to 95% mortgage financing is available on all approved rental properties. Potential rental income can also be used to help you qualify for your rental property.

25% Down or More Programs

By making a downpayment of more than 25% of the value of the property you can avoid insurance premiums.

Approved Rental Property Types:

• Single-family dwellings
• Town homes
• Condos
• Duplexes
• Triplexes
• Fourplexes

*95% financing for low-rise, high rise or stacked town homes require direct application through one of our mortgage specialists.

Are you ready to own a rental property?

Know the local market

Information abounds for local real estate markets particularity online or with a local real estate professional. You can also look in local newspapers to gather information on how much landlords are charging for a local rental property.

Check your finances

Having cash at hand to cover unforeseen expenses and repairs is imperative to owning a successful rental property. Not having recourses could force you to sell the property at a low time in the market. In addition, the more you have for a down payment, the better your credit history and other debt, the more likely you will qualify for a better mortgage product at a more favourable rate.

Know your Numbers

Again, one of the most important fundamentals of owning a rental property is to ensure your rental income will cover all your costs such as mortgage payments, insurance, maintenance and all your other associated costs. Be sure to include some room for vacancy rates should they arise. Many landlords have formulas, like not paying more than six to eight times the rental income they expect to make in the first year. Others suggest to estimate what the property could be worth after needed repairs and upgrades are made, and don't pay more than 70% of that price, less the cost of those repairs.

Get an Inspection

Experienced landlords know the key to making a good rental property decision is getting a thorough inspection before you buy. It pays off in profit, income and net worth in the long-term. Keep in mind you should always contact your professional accountant for tax advice that applies to your individual situation.

Dreyer Group Mortgage Professionals are here to help you get the best rental property mortgage at the best rate.