Rental Property Loans The mortgage process for the investment properties are the same as the primary residence where the lenders check the debt to income ratio, assets, credit check. The requirements are checked through a process of underwriting before the loan is sanctioned. Lenders usually follow stricter standards for the loans on Investment Property when compared to the Residential loans as they view the rental property investment to be a greater risk as the owner does no

What is a mortgage? The term mortgage is the term defined as the loan used to purchase or maintain a home, land or other types of real estate. It is an agreement between the borrower and lender to pay the loan over a period of time in a series of regular payments with principal and interest. These are called as secured loans and the home serves as a collateral. The lender ensures that the borrower meets certain requirements such as credit score, credit history, debt to income