The lending rate may be fixed or variable. Among the alternatives, you will find federal government guaranteed loan options, along with private loans offered by banks. A home owner with a good financial record can end up with a home loan mortgage, with a comfortable repayment period and reasonable interest rate. To get a better idea about rental property tax, you can seek advice from a tax advisor or a tax professional. Make sure that you check the cash flow and keep yourself updated about other investment options that may provide higher returns. If you are eligible for a no down payment mortgage loan, should you go for it? Setting up any of these aforementioned programs will liberate you from the tedium of planning and executing every task on your own.