What the typical down payment requirement for an investment property?

Most lenders require 20% down, but if you put 25% down, you would get a significant rate improvement.. There are also HomePath homes that are available for investors.. if you purchase one of these specific homes, you would only need 10% down, however the interest rate would be higher... I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

We can go to 85%, on a purchase for a well qualified borrower. I am not licensed for TX, but I'm sure there are other Mortgage Banker/Brokers that can do this in TX as well. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950

20% and if you put 25% down your rate is generally lower

WHAT Is great about the Homepath homes, is 10% down and with out mortgage insurance, and there is not a appraisal.. I am available for loans in TEXAS linda

Most regular investment property transactions will need to have either 20 or 25% for the down payment. If you find a home that is on homepath.com and past the first look period you could get that home for only 10% down there will be a slight rate increase and your fees will be much higher but some of my past clients have looked at how the cash out of pocket works they still like the homepath program. You can do a conventional with just 15% down and add mortgage insurance if you would like but agian there is going to be a cost involved that may not make a lot of sense to do vs putting the extra 5% down.

All great answers...good luck

Depends on the property in question. The loan-to-values disclosed thus far are for single-family homes. If you are trying to buy any other type of investment property (i.e. duplex, 3-4 unit), then you might be best served by a local community bank that portfolio their own loans. Good luck and happy investment property hunting.

Home Path 10% down , No Appraisal and No Mortgage InsuranceConventional 20% downfor best rate Conventional 25% down