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In the eyes of a lender, when financing a residence, what advantage does an investor have over owner-occupied borrowers?

User Dror Cohen
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2 Answers

3 votes

Answer:

Investors can use rental income to qualify

Step-by-step explanation:

User Martin Muldoon
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2 votes

Answer:

1. Collateral

2. Tax

Step-by-step explanation:

In the eyes of a lender, when financing a residence, the advantages that an investor have over owner-occupied borrowers include the following:

1. Collateral: The investor can use the property he is financing to erve as a collateral for the loan he is taking out, but in owner-occupied properties, the collateral for the loan is not solely on the value of the property.

2. Tax: The interest on the loan taken by the investor is seen as a business expense and is treated as tax-deductible just like all corporate loan interests but the owner-occupied loan interests are not tax-deductible.

User Stereoputrid
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