Frequently Asked Question
Quick Answer
Most lenders require 20–25% down for a non-owner-occupied investment property, compared to as little as 3–5% for an owner-occupant conventional loan. Interest rates on investment property loans are also typically higher than primary-residence rates.
Most lenders require 20–25% down for a non-owner-occupied investment property, compared to as little as 3–5% for an owner-occupant conventional loan. Interest rates on investment property loans are also typically higher than primary-residence rates. Get pre-approved specifically as an investor early in your search so your numbers reflect real financing terms.
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