Income Property Mortgage Definition

If you are an investor looking to acquire property, you may be able to use an income property mortgage. An income property mortgage is allows investors that ability to acquire income properties. Income properties are properties the generate income through renting or leasing. Properties that fall under this category are apartment complexes, vacation homes or single family homes that are not owner-occupied. These loans are more difficult to obtain than owner occupied loans.


For investors to be eligible they must:

  • Verify income
  • Verify income to debt ratio
  • Be able to verify value of existing property
  • Have an acceptable credit rating