How Much Down Payment For Investment Property
How much higher are rates for investment property mortgages?. mortgage, and you'll be at the lower end of this range if your down payment is larger. The least.
"It’s an investment. It adds security. thanks in part to finding a great deal on her property. "The market value for my.
If your DTI is under 36%, you can finance a 2-4 unit investment property for 25% down on a fixed mortgage (35% for an ARM), provided your FICO score is 660 or better and you can show six months worth of reserves. As soon as your DTI goes over 36%, though, you’ll need to show 12 months of reserves unless you can push your FICO score over 680.