Recent data from housing market analysts show that loans for rental properties are on the rise. According to recent trends, more than 20 percent of investment property purchases are now being financed, up from just 14 percent five years ago. This surge is fueled by two factors: growing demand for rental housing, and investors capitalizing on new lending products tailored for non-owner-occupied properties. The most popular option for new rental property investors is a conventional loan from a bank or credit union. These offer relatively low interest rates but require a solid credit score and a larger down payment. Alternative loan products are gaining popularity too, especially among seasoned investors. For more info click here #rentalhomeloan
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