Investment Properties are a great way to let your assets work for you. Purchasing an investment property or turning your current home into an investment property allows you to supplement your mortgage payment through rental income.  As you pay your mortgage down and if your property’s value continues to appreciate your equity position and net worth can grow rapidly.

Investment properties have a few key different rules for qualification. Investment properties are by default riskier loans because the homeowner is more likely to prioritize the mortgage payment and maintenance of their primary residence over their investment properties.  The downpayment requirement is increased significantly for the purchase of an investment property. A 15% down payment is the minimum, however, 25% down will improve the pricing and is required for multi-unit homes.