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What is an Investment Home Loan?
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24th Feb 2011 by admint
It is a type of loan for a borrower who wants to purchase a property as an investment. Generally, most lenders require a larger deposit (usually up to 10%), good credit, and high income to obtain an investment loan. A borrower will have to meet the lender’s criteria to make sure that the borrower can afford to pay his home mortgage and investment mortgage.
It is a type of loan for a borrower who wants to purchase a property as an investment. Generally, most lenders require a larger deposit (usually up to 10%), good credit, and high income to obtain an investment loan. A borrower will have to meet the lender’s criteria to make sure that the borrower can afford to pay his home mortgage and investment mortgage.
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24th Apr 2010 In Mortgage
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Subjects: investment home loan,