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Investment Property Loan

An Investment Property Loan from NASB allows qualified borrowers to purchase second homes, rental properties and commercial real estate.

Key Features

Minimum 15% down

Qualify with employment history, credit score and DTI

Purchase real estate as income source

Build your future today.

If you are looking to buy a single-family home, townhome, condo, or multi-unit property as a means of income, an Investment Property Loan from NASB could be a great option. We look at your employment history, credit score and debt-to-income ratio to determine eligibility. And you are looking to purchase an investment property without requiring proof of personal income through tax returns or pay stubs, you may want to consider a Debt Service Coverage Ratio or DSCR loan

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By clicking the Submit button you agree that you are providing an electronic signature expressly authorizing NASB to contact you by telephone at any of the telephone number(s) provided above using an automatic telephone dialing system or an artificial or prerecorded voice or via text/SMS message, even if the telephone number is assigned to a cellular telephone service or other service for which the called party is charged. NASB may also contact you via email using any email address you provided. This authorization overrides any previous registration on a federal, state or corporate Do Not Call Registry or any internal NASB privacy or solicitation preference you have previously expressed. You are not required to provide this authorization as a condition of purchasing any property, goods or services from NASB. As an alternative, you may call us directly at 866-627-7119 and we will process your request over the phone.

Investment Property Loan FAQs

An investment property is a real estate purchase made to generate income through rental income or appreciation and is not the investor's primary residence.

The three types of investment properties are:

  • Residential: The most common form of investment property, these properties are purchased to rent out to tenants and earn monthly rentals. These can include single-family homes, apartments, condominiums, or townhomes.
  • Commercial: These are properties purchased for business purposes, such as office space, retail stores, restaurants, etc. The investor may purchase an already existing property or develop from the ground up.
  • Mixed-use: These properties can be used simultaneously for residential and commercial purposes. For instance, the ground level may be used for retail shops and the upper floors for residential units.
An investment property loan allows you to purchase real estate to rent out for additional income or flip for a profit. They generally have higher interest rates and stricter lending requirements than standard mortgages.
Depending on your credit, a down payment of at least 20% is required for an investment property loan.

The main qualifying factors for securing an investment property loan are:

  • Employment history: You must show proof of verified employment for a minimum of two years.
  • Credit score: Your credit score will determine your down payment, rate, and ability to be approved. Most lenders require a minimum credit score of 620 to qualify, and a credit score of 720 or higher will get you the best rates.
  • Debt to Income ratio (DTI): Your DTI is determined by dividing your gross monthly income by your total monthly debts. A DTI of 36% or less is ideal; anything above 50% may prevent you from qualifying.
  • Down payment: You should be prepared to put down 20%-25% of the purchase price for an investment property loan. 

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What Our Customers Say
Joshua S., April 28, 2021
★★★★★ (5)

"Everyone at NASB was great to work with! They made a complicated process simple and easy to understand."

100,000 home loan customers since 2010

Based on lender data

30 billion dollars in home loans

In the last decade based on lender data

82 "World-class" Net Promoter Score*

Based on 544 NASB closed loan customer surveys from 12/1/2021 to 7/27/2022

*According to Bain and Company, the source of the Net Promotor Score (‘NPS’) system, a score of 50 is excellent, and anything above 80 is world-class.