– For primary owner-occupied homes the down payment may be as low as 3%, but most banks require a 20% down payment on investment property mortgage loans. And to get the best possible investment property rates you will want to make a down payment of at least 30% instead.
home loan no closing costs What’s included in your home purchase closing costs? – If you are buying a home, no. closing costs into two categories — recurring and non-recurring costs. One way to think of recurring costs is as a pre-payment, not necessarily an extra cost.