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Investment properties are meant to produce income for the owner. You can see a return on your investment with the rental income produced, which can pay the monthly mortgage as well as incidentals like repairs and upgrades. You can also achieve ROI with buying a property in an up and coming area – the value will likely go up and you can sell for a profit.
This loan product does require 25% down and if your income alone does not qualify you, you can use the rental income to cover the DTI. Only a conventional loan type will work for this type of property.
Investment Home Loan Features:
Can use rental income to qualify
25% down
Used to generate income
Conventional use Fannie/Freddie
Not VA, FHA, USDA-eligible