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investment mortgage

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joshuaaaronalpert Joined: 12 Jul 2009 Posts: 1 1.00 Dollars($)	Posted: Sun Jul 12, 2009 2:45 pm    Post subject: investment mortgage Like 0 Dislike 0 is there a such thing as a mortgage that is for an investment/rental?
david1 Joined: 11 Jul 2009 Posts: 13 Location: Florida 4.06 Dollars($)	Posted: Sun Jul 12, 2009 5:33 pm    Post subject: Like 0 Dislike 0 yes, if you have 20-30% down payment _________________ David Chamberlain UMAX Mortgage http://www.floridadreamloans.com 727-239-2111
jameshogg Joined: 20 Dec 2005 Posts: 10148 Location: Nevada 941.94 Dollars($)	Posted: Sun Jul 12, 2009 7:40 pm    Post subject: Like 0 Dislike 0 Hi joshuaaaronalpert, I agree with David that mortgages are available on investment or rental properties. As David has said you'll have to pay a higher amount of down-payment for it. Moreover, lenders may charge a higher interest rate for it. Thanks

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