Can I use Landed’s down payment program funds to buy an investment property?

Not at this time. Down payment funds must be used to purchase a primary residence.

Landed's down payment program is intended for homebuyers seeking to purchase primary residences in expensive metro areas.

To view qualifications and requirements for our down payment program, see this article.

What if I want to rent out rooms?

If the home is your primary residence and you want to rent out a room, you’re more than welcome to do so. Though, keep in mind that some Home Owners Associations (HOAs) and municipalities may have rules against this. 

If you have further questions, please reach out to us at any time: