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Let Coastal Credit Union help you bank better with our Investment Property Loans.. offering low interest rates, low fees and low down payment requirements.
Typically a 20% down payment (based on the acquisition cost, not actual appraised value) is required, although we have access to a 15% down conventional.
Mortgage rules differ for second homes vs. investment properties. will require that 25 percent down payment for investment properties, Jensen.
The most obvious way to secure a down payment for an investment property is to save up the cash you need over time – this may not be an easy feat. However, having the cash reserves to invest in real estate will help you prove to yourself and your lender that you are financially stable enough to become a landlord.
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