How do I find/calculate typical mortgage rate for investment property?

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Interest rates for investment property loan seem to be a huge secret within the mortgage-industry. They are not widely advertised as are home-owner-occupied single family home loans.


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Investment property rates are based off “normal” conventional rates, with an adjustment added to offset the increased default risk for a non-owner occupied home. The base adjustment for an investment property is around a 2% cost (which can translate to around .5% to rate, depending on the day, the lender, and the rate you’re seeking), and varies by down payment. Other adjustments including credit score, property type, escrow or lack thereof, still apply. Feel free to contact me if you would like more specifics, I write loans in all states. Thanks, Ted Rood 314-740-0004

Answered 5 months ago
Ted Rood
1093 6

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