Mansfield Mortgage is your local expert on investment property loans in Vermont. The investor mortgage loan is for investment properties with the purpose of renting to a tenant, not for primary residential use. Contact Mansfield Mortgage to learn more and apply for an investment property mortgage loan!
FOR RENTALS AND TEMPORARY RESIDENCE
This is sometimes known as a “property you intend to purchase for the purpose of renting out to a tenant with no intent to reside in”. These homes can be anything from a condo or townhouse, up to a 4 unit apartment building.
These loans start with 15% down, but you will obtain the best mortgage product and rate with either a 20 or 25% down payment.
These loans are a little bit more complicated to obtain as we have to consider all of your debt, including your current residence when we pre-approve you for this loan product. As always, it is best to call us to make sure you can be approved for this product.
