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An investment property mortgage is a home loan used to buy rental properties. It’s different from a regular mortgage because lenders consider rental income and property risks when approving the loan.
Most lenders require at least 20% down for investment properties. Some options may allow lower down payments if you live in one of the units.
Yes! Many lenders let you use future rental income to boost your mortgage approval chances, helping you qualify for a larger loan.
Yes, rental property mortgages usually have higher interest rates than primary home loans. However, Geo Mortgage can help you find the best rates and terms.
Risks include vacancy periods, maintenance costs, and market fluctuations. A strong financial plan and choosing the right mortgage can help manage these risks.
Geo Mortgages connects you with lenders offering competitive rates for rental properties. We help you maximize rental income and build long-term wealth.
8Twelve Mortgage Corp. Licenses: Mortgage Brokerage Ontario #13072
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