Vacation rental mortgage inquiry

[Kayla Crowley]

I am looking to purchase a vacation rental property in SC. This will be my first purchase as a home buyer but will not be living in it. Any advice on where to find mortgage lenders that only require a less than 20% for a down payment?

[Harjeet Bhatti]

@Kayla Crowley If you are buying SFR, condo or townhome you need 15% down payment for investment property. Vacation property can be purchase with 10% down payment.