Although interest rates are on the rise, it's still a great time to purchase a home. Speak with one of our expert loan officers today!

Non-Owner Occupied Mortgage

If you are looking to purchase an investment property, or a property you may not otherwise be personally living in, Blue Water Mortgage can help.

If you are purchasing a property that will not be your primary residence with between one and four units, you fall into this category. Requirements for non-owner occupied properties are more stringent than owner-occupied properties because they are considered to have a higher risk of default by lenders.

Our experience and financial expertise can help you navigate these tricky loans and get the best rate possible. Talk to a broker today to learn more.

Blue Water Mortgage is licensed in New HampshireMaineMassachusettsConnecticutFlorida, North Carolina, Colorado, Texas, Georgia, and South Carolina.

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Why Blue Water Mortgage
No Surprises
No Surprises
With over 150 years of collective experience, our mortgage brokers have seen it all. This level of expertise enables us to anticipate and quickly resolve any issues that might arise and close on time, every time.
Personalized Services
Personalized Services
Buying a home is one of the biggest purchases you’ll make in your entire life. That’s why our brokers are available via phone 24/7 to address any concerns or answer any questions you might have about the mortgage process.
Competitive Rates
Competitive Rates
Blue Water is locally owned, so we aren’t beholden to banks. That means we’re able to offer a more diverse portfolio of mortgage products tailored to your specific needs, as well as more competitive rates and lower closing costs.
Rated five stars by our amazing customers.

Reading Time: < 1 minuteMy experience with Blue Water Mortgage was wonderful. As a first time home buyer, I had many ques…

Ali Quinton

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Ashley Acksel

Reading Time: < 1 minuteWe started my home buying experience we where told by many mortgage companies we had to wait 3 ye…

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Reading Time: < 1 minuteAs a first time home buyer my experience with Blue Water Mortgage was excellent. Jim Collins was …

Kristina C.

Reading Time: < 1 minuteBlue Water made the entire process a breeze. They were extremely responsive, knowledgeable and ap…

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Reading Time: < 1 minuteHiccups are always to be expected with an FHA and a first time home buyer. I would recommend the …

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Frequently Asked Questions

The Mortgage Process

Blue Water’s mortgage loan process timeline involves a series of five steps, some of which require sitting down with one of our experts to analyze all aspects of your financial health. Here’s what you can expect:
Getting to Know You & Getting On Track
In our first meeting, we’ll answer your questions and talk about the programs we offer that would best fit your situation.
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Getting Pre-Qualified
The next step in the mortgage loan process is applying for pre-qualification, which enables us to confidentially verify your credit, income, assets, and liabilities.
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Assessing Loan Programs & Rates
At this point, we’ll start to sort through and evaluate which mortgage best fits your needs.
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Obtaining Loan Approval
Once you’ve submitted your loan application, we’ll work with our lenders to help find you the best rate and most favorable terms possible.
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Closing the Loan
After your loan is approved, we’ll review the details once more to make sure you feel confident about the financial commitment you are about to make. Once all of your questions are answered, we will schedule a closing.
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Home Loan Resources

10 Questions to Ask When Buying a Home
eBook

This ebook will help you better understand the home buying process so you can make a more informed buying decision.

Get the eBook
Down-Payment-Worksheet
Worksheet

Use our Down Payment Worksheet to get a idea of what you can afford to spend.

Download Now
pre-qualifications
Checklist

Before you start the prequalification process for a mortgage loan, get the items on this checklist in order,

Get the Checklist

Please be advised that your actual rate, payment, and cost could be higher. Get an official Loan Estimate before choosing a loan. This estimate is provided for informational purposes ONLY, to assist you in determining an estimate of cash that may be required to close and an estimate of your proposed monthly mortgage payment. Actual charges may be more or less, and your transaction may not involve a fee for every item listed.

Rate and APR based on the following assumptions: Purchase Price of $250,000, loan amount of $200,000, 75% loan to value, 780 credit score, single family property, primary residence, escrowing taxes and insurance, debt ratio within program guidelines.

Rates posted are effective as of 9/24/2024.