Investment Property loans are for those who are interested in buying a second home or who are considering becoming a landlord. These loans come with a selection of loan options. Residential and vacation properties may have one to four units. These loans can be for both residential or commercial, but may not serve as the borrower's primary residence.
If you are considering buying an investment property, ask yourself these questions:
- Are you interested in the responsibilities that come with being a landlord?
- What kind of rental property do you want to invest in? Rental homes, apartments, etc.?