Mortgage Rates on Investment Properties

Investment properties offer you the best opportunity to make money from real estate. Unlike residential properties you buy to live in, investment properties are bought to rent out or flip for profit. Investment property loans help investors finance the purchase or development of investment properties. Buying an investment property is very different from buying a residential property. Lenders typically consider investment properties as higher risk than residential properties. Hence, these lenders tend to place steeper conditions on investment mortgages. This article covers all you need to know about the rates on investment property mortgages. Investment property mortgage An investment property mortgage is a loan collected to finance an income-generating property. Also known as rental property loans, investment mortgages are secured by the property being funded. That means if you fail to honor the loan terms, the lender has a right […]