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When considering a conventional loan for an investment property, be prepared for a minimum down payment of 15% for single-unit homes. For multi-unit properties, this requirement increases to 25%. Lenders often prefer borrowers with a credit score of at least 680. Additionally, a debt-to-income ratio exceeding 45% may impact loan approval. Understanding these requirements is crucial for successful investment financing. If you want to know more visit:- https://blogpulseguru.com/what....-down-payment-is-req

Down Payment for Investment Homes | Conventional Loans
blogpulseguru.com

Down Payment for Investment Homes | Conventional Loans

Learn the down payment needed for investment homes. Discover how conventional loans and a mortgage lender in Houston can help you finance smarter.