Investment Property Down Payment Requirements

Conventional Mortgages Down Payment Other options, including the FHA loan, the HomeReady mortgage and the conventional 97 loan offer low down payment options with a little as 3% down. Mortgage insurance premiums typically.

Potential borrowers need to complete an official mortgage application, supply required documents, credit history, and current credit score. Conventional loan. but also if you can handle a down.

Below, you’ll find the down payment requirements for purchasing a rental property. The Best Ways To Lower Mortgage Rates For Investment Properties Put down a larger down payment: Many of the additional costs associated with rental properties will disappear if you make a down payment of 20% or higher.