Guide to investment property loans Investment property loans are a lot like ‘standard’ mortgages, provided you want to buy a home with 1–4 units. The application and approval processes work the same way, and mortgage rates are usually less than 1{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} higher than for a standard mortgage. However, the rules are a little stricter for an investment property loan than for a mortgage on your primary home. For instance, you likely need 15–20{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9} down instead of 3–5{d4d1dfc03659490934346f23c59135b993ced5bc8cc26281e129c43fe68630c9}. And your credit score will need to be in the high 600s or 700s. If you’re planning to buy an investment property in the near future, here’s what you need to know. In…