An investment loan is just another term for any loan used to finance the purchase of an investment property. These loans typically cannot be put toward the purchase of a primary residence.
A investor loan is a loan for an investment property and typically can not be used for the place of primary residence. If you are looking to flip a house an investor loan is a good option.
For the most part, you'll need good credit to obtain an investment property loan. Work on improving your credit to make qualifying easier by paying off outstanding debts and by making sure you pay all your bills on time. If you have credit card debt, try to get your debt-to-credit ratio down to 30 percent.
Credit score of 620 or higher
A debt-to-income ratio of 43 percent or lower
Solid credit history
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