The details for a real estate investment loan vary depending on the loan used. Typically, investment property loans have stricter requirements than loans for a primary residence.
For example, most investment mortgages require a larger down payment, higher credit score, as well as greater financial solvency. Many lenders also require six months of mortgage reserves. These are savings evidenced by statements to prove the borrower has money to cover six months of mortgage payments for all their accumulated mortgage debt.
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