Investment property is real estate property that has been purchased with the intention of earning a return on the investment, either through rental income, the future resale of the property or both.

Lenders usually charge buyers higher interest rates when they are borrowing mortgage money for an investment property that they plan to rent out and eventually sell for a profit. There’s a reason for this: Lenders consider loans for these homes to be riskier. Because buyers aren’t actually living in these homes, lenders believe that they might be more willing to walk away from them and their mortgage payments if they suffer a financial setback.

This is a supplemental site and does not replace your access to our Senior Loan Officers who provide even more specific information and pre-screening of your loans prior to submission to our lenders.

To contact a Senior Loan Officer call 1-800-367-4152