An investment prop loan is a type of mortgage used to purchase a property that will be used for investment purposes rather than as a primary residence. These properties can include rental properties, vacation homes, and other income-generating properties. Investment property loans typically have higher interest rates and down payment requirements than loans for primary residences, as well as more stringent credit and income qualifications. Additionally, the property itself may be required to meet certain standards, such as being in good condition or having a certain number of units, to qualify for the loan. An investment property loan terms can vary depending on the lender and the type of property. Still, they usually have a 15-30 years term, with adjustable or fixed interest rate options.