Financing a rental works differently than buying a home to live in — from down payment minimums to how rental income is counted. We help you structure each purchase so it supports your next one.
Investment Properties at a glance
Guide
Typical down payment
Rental income
Property types
Portfolio
Figures are general guidelines; your options depend on your situation.
Clear communication at every step, so you always know what's happening next.
We review your portfolio, cash flow and long-term plans.
We decide on down payment sources and the right mortgage type.
We match you with lenders who suit investment properties.
We revisit your plan so you're ready for the next purchase.
A few key points we'll walk through with you before you make any decisions.
Rental properties you don't live in usually require at least 20% down. If you live in one unit of a 2–4 unit home, you may qualify with less.
Lenders either add part of the rent to your income or offset it against the property's costs. The method can change how much you qualify for.
The order and structure of each purchase affects the next. A little planning now can keep more doors open later.
Don’t see your question here? Give us a call — we’re happy to talk it through.
Often, yes — through a refinance or HELOC. We'll show you how it affects your payments and cash flow.
Rental rates can be slightly higher than owner-occupied rates. We compare lenders to find competitive options.
Yes, both are possible, but they change the lender options. We'll help you choose the setup that fits.
This page is for general information only and isn’t financial advice. Mortgage rules, program limits and lender requirements change and depend on your situation; all financing is subject to lender approval. Koru Financial Group Inc. — FSRA Brokerage #12726.