A rental program is a mortgage product designed to assist individuals in financing properties intended for rental income. These programs help buyers leverage the projected income from a rental property to meet mortgage qualification requirements.

Key Aspects of the Rental Program:

• Income-Based Qualification: Lenders consider the potential rental income as part of the borrower’s total income to determine mortgage eligibility.

• Ideal for Investors: The program is tailored for those interested in generating income through real estate investment.

• Flexible Payment Terms: Some lenders may offer options for interest-only payments, which can improve cash flow for landlords.

Rental programs make property investments more accessible by allowing rental income to be factored into the mortgage approval process.

To find lenders who specialize in rental programs, read our Lender Reviews.

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