Mortgages For Rental Property

Getting a loan for a tenant-occupied property is not the same as getting a mortgage for an owner-occupied property. While the two situations have some parallels, they also have important variances. Landlords who are considering applying for a loan to purchase a new rental property should look at the requirements thoroughly.

Credit Score vs. Credit Report

What’s a credit report? A credit report shows your credit habits and history. It tracks how much debt you have and when you pay your bills. It may even show information about bills you may not think are related to your creditworthiness, like your utility or cable bills. Credit reports may also show whether you’ve