15% Down Mortgage for Investors

Phoenix area real estate investors expect a minimum 20% down payment for all rental purchases.  Well, times have changed!  With an improving  Arizona Real Estate market comes change.  One such change - a lower down payment requirement for investment property purchases. 15% Down for Investment Property Purchases 15% down is the new down payment requirement for rental property purchases using a Conventional home loan.  However, the mortgage industry is not the hero.  In fact this change has … [Read more...]