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Wasatch Mortgage Solutions - Home Loan Programs - Investment Property Home Loans

Investment Property Home Loans

Investment property home loans available at a Logan Utah mortgage company | Wasatch Mortgage Solutions

Investment properties can create a great opportunity for positive cash flows, and getting the right loan is vital to your bottom line. That being said, home loans for investment properties have different requirements. You’ll need to provide a larger down payment, 15% down on single unit properties or 25% down for properties with multiple units. You can also expect to get a slightly higher interest rate on an investment property than on an owner occupied property.

Investment Property Home Loan Options

   15% down payment, 30 year fixed rate mortgage, 7.153% annual percentage rate (as of 11/28/2018)

           Single Unit Properties 

    25% down payment, 30 year fixed rate mortgage, 6.788% annual percentage rate (as of 11/28/2018)

          Two to Four Unit Properties

Note: The annual percentage rate is different from the interest rate. An annual percentage rate includes the interest rate and other costs, such as mortgage insurance. For interest rate info, please give us a call.

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