Mortgage Tips For Buying Investment Properties

As a mortgage agent, I frequently encounter clients who have an interest in buying an investment property to rent out, but are unsure how to go about obtaining a mortgage for it, and don’t know which rules differ from financing an owner-occupied home. There are some similarities, but also significant differences, and with mortgage rules for rental properties changing over the past several years, it further complicates the matter. What applied to a buyer in the past may no longer be...