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Orchard Lending
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What Is An Investment Property Loan?, Last online: 1 month ago

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  • City:
    Housten
Investment Property Loans

Since you want to purchase a house or 1-4 units, investment property loans are very similar to "standard" mortgages. Mortgage rates are typically less than 1% higher than a typical mortgage, and the application and approval processes are near identical. In contrast to a mortgage on your primary residence, the guidelines for an investment property loan are more stringent. For instance, instead of minimum 5 per cent down, you probably need 10-15 per cent. Additionally,

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  • Joined APSense.com
    Aug 2022
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