Are you able to use your investment possessions advance payment? Is lent finance a fair source for a rental property off percentage?

Some mortgage apps don’t allow one borrow a down percentage, specific forms of advance payment capital are allowed under certain applications.

To possess conforming mortgage loans (Federal national mortgage association and you can Freddie Mac), house guarantee finance try acceptable sources to have a down-payment. That is because property equity financing was safeguarded of the an asset — your house, vacation property or other local rental. Continuar lectura →