Want to buy investment property

The first question is where do you want to purchase in what state?? DO YOU have a FHA OR VA LOAN NOW / IMPORTANT , the rules have changed.. linda email at yourloanpartnerforlife@live.com

Rates for an investment property should run about .25-.50% higher than owner occupied rates. Credit score, downpayment, and property type (single, 2 fam, and 3-4 units) are several of the determining factors. Rates are higher for investment property due to risk. If an owner of an investment property ever got into finacial stress, which will he/she pay to keep, a primary or investment property??Please let me know if you would like a free pre qualification so you can better understand the rate/payment and costs for the property you are seeking

Rates are generally .5 of a point higher than a primary residence...

Hi Brandon;Rates are typically higher on an investment loan ( due to risk) than a primary or 2nd home. Depending on the loan to value, credit score, etc...program, terms, etc...will establish the rate for your loan. For more information please e-mail me at pete.bass@everbank.com. On the web www.everbank.com/pbass

Investment property financing requires 15% down, but ideally, 25% - 30% is priced much better.. Rates will always be higher on investment properties since they pose a greater risk for the lender.. folks will fight tooth and nail to stay in their home, but if they have an investment property that goes bad for some reason, it's easier for a borrower to let that go than their primary residence.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Pretty good info already provided. Bottom line, investor loans have much more risk than owner occupied so the rate is higher. However, a larger downpayment definitely brings the rate down. There are lots of variables that affect rate.

Hello Rates will vary greatly based on score and debt and income levels but also on the property type for Investment wether it is a SFR investment and a 2 unit or 3 unit and or 4 unit. Also will need alot of assets in the bank after the fact of closing. Also varies on state so need a lot more info than just generic to quote rates and fees and such. So with that said call me Rob Oliveira Province Mortgage for more detailed specfic info accoridng to your score and debt and so on. Thank you 508 802 0935 robertoliveira51@gmail.com