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25 Essential Facts You Need to Know Before Taking Out an Rental Property Loan
25 Essential Facts You Need to Know Before Taking Out an Rental Property Loan What is a Rental Property Loan? A rental property loan is a mortgage loan secured by a single-family residential property (1 to 4 units), or SFR, that is occupied by a tenant. This type of loan can be used for both long-term and short-term rentals such as vacation rentals, and is sometimes referred to as an “rental investment property” loan, non-QM loan, or investor “DSCR” loan. What are the Differences Between Investment Property Loans and Conventional Home Loans? When applying for an investment property loan, …