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Rental

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dpage
Contributor

Rental

Hello, my wife and I are looking to purchase a rental property some time within the next 6 mos or so. I wanted to know if anyone could offer any suggestions or advice or information on obtaining a loan for a rental property. How much is normally required up front these days for a rental? If anybody could offer any advice it would be greatly appreciated. Thanks!

Proud home owner
Lender Pull 03/28/2011 EQ:708 TU:698 EXP:709

Message 1 of 3
2 REPLIES 2
JM-AM
Valued Contributor

Re: Rental

Investment properties usually have a little stricter requirements. Rates are also a little higher.

Down payments still vary depending on different circumstances.
Good Luck
May all your dreams and wishes become a reality!
Message 2 of 3
dpage
Contributor

Re: Rental

Ok, thanks!

Proud home owner
Lender Pull 03/28/2011 EQ:708 TU:698 EXP:709

Message 3 of 3
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