Investment
Cap Rate
The rate of return on a real estate investment property
Full Definition
Cap Rate: The rate of return on a real estate investment property. Understanding this concept is important when navigating the mortgage process. NMHL loan officers can explain how cap rate applies to your specific mortgage situation.
Why It Matters
Understanding cap rate helps you make informed decisions about your mortgage. This knowledge can save you money and help you avoid common pitfalls in the homebuying process.
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Frequently Asked Questions
Cap Rate refers to the rate of return on a real estate investment property. This is an important concept in mortgage lending that affects how your loan works.
Understanding cap rate can help you make better decisions about your mortgage. Contact NMHL for personalized guidance on how this applies to your situation.
Ready to Put This Knowledge to Work?
Connect with an NMHL mortgage expert who can help you navigate the mortgage process.