19 Sep Fannie mae Second Household and you can Investment property Assistance
Thinking about investment a second household or investment property? This new Fannie mae money spent and you will 2nd house guidelines shall be problematic to learn. Each kind from mortgage may vary with respect to lowest deposit, rates, and you can lending requirements . Before buying, it is very important understand the differences when considering for every loan and you will and that is right for you. This is why within this blog post, we are breaking down everything you need to see:
Exactly what are the Differences between Second Home and you may Resource Qualities?
A moment residence is a property which you spend some time for the in the year, while a residential property is but one you individual but do not invade.