A Mortgage Advisor
Real estate loans for investment properties
You will need a good credit score for investment real estate loans. If your credit score is low you may need a much larger down payment. A larger income can help offset the impact of a lower credit score.
A larger down payment will be required for any investment real estate loans. Usually a minimum of 10% will be required for investment real estate loans and many lenders will expect closer to 20% or 30%. The property, your credit profile and income all affect the down payment required for investment real estate loans. Your down payment shows lenders that you are committed to the investment property.
The income generated by the property and your personal income are major factors. A larger personal income is very positive in the eyes of most real estate lenders. Lenders also review the income generated by the investment property. An investment property with income is always better than one without income.
Thanks for visiting AMortgageAdvisor.com. We are your complete source for real estate financing, home loans and home mortgages. We have a variety of home loan and other real estate loan solutions available; most credit will be accepted for our real estate mortgages and home loans. Get started with the financing process today by scrolling to the bottom of this page and completing the loan application. There are never any fees or costs required to get pre-approved or pre-qualified for our home loans.