: Expect to need a credit score of at least 640–740 and a Debt-to-Income (DTI) ratio below 43% , including both mortgage payments.
: If you have significant equity in your current home, you can use it to fund the next one through: i own my home and want to buy another
Lenders view second properties as higher risks because, in a financial crisis, people prioritize their primary residence over a vacation or investment home. Consequently, requirements are stricter: : Expect to need a credit score of