Posts Tagged 'Requirement'

Basic Investment Property Loan Requirements

Posted on: January 15, 2012

Categories: Other Articles

Author: lbuen

Obtaining financing for an investment property loan often proves more challenging than taking out funding for a residential purchase. Besides your own finances, mortgage lenders will also scrutinize the property in question, particularly its appraisal, cash flow and profitability. To give you an idea of what to expect, this post will cover some of the investment property loan requirements that most lender require.

Investment Property Loan Requirements: Your Financial Standing
Down payment

You must have enough funds to make the down payment. Lenders are taking in greater risks when funding investment properties because such properties often come with huge price tags. To somehow cushion them from such risks, they often command higher interest rates. At the same time, they also require beefier down payments, which often start at 20 percent of the price with averages ranging between… Read the rest

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