Investment Loan Rates (by Bob [VA]) Feb 1, 2004 1:13 PM
        RE: Investment Loan Rates (by ELS [CT]) Feb 1, 2004 2:30 PM
        RE: Investment Loan Rates (by David [fl]) Feb 1, 2004 3:28 PM
        RE: Investment Loan Rates (by LJF [IL]) Feb 1, 2004 4:16 PM
        RE: Investment Loan Rates (by CAW [OR]) Feb 1, 2004 4:57 PM
        RE: Investment Loan Rates (by mike [mo]) Feb 2, 2004 10:16 AM
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Investment Loan Rates (by Bob[VA])
Posted on: Feb 1, 2004 1:13 PM
Message:
Typically, how much higher are investment loan rates than primary home loan rates? --172.139.114.147


RE: Investment Loan Rates (by ELS[CT])
Posted on: Feb 1, 2004 2:30 PM
Message:
Out here it depends on the lender, and the amount down. Usually with 5 or ten percent down you are looking at 1 percent higher.

ELS --64.12.96.135



RE: Investment Loan Rates (by David[fl])
Posted on: Feb 1, 2004 3:28 PM
Message:
Just got one quoted at 5.75% plus a 1/4 point on a 80% LTV fixed for 15 years. --205.188.209.16


RE: Investment Loan Rates (by LJF[IL])
Posted on: Feb 1, 2004 4:16 PM
Message:
Usually 1 to 2% higher... --24.15.44.146


RE: Investment Loan Rates (by CAW[OR])
Posted on: Feb 1, 2004 4:57 PM
Message:
I can get loans for rentals for about 1/2 % higher than owner occupied. I haven't asked about actual commercial loans recently --216.228.163.41


RE: Investment Loan Rates (by mike[mo])
Posted on: Feb 2, 2004 10:16 AM
Message:
The rates are not always higher. For me, though they have always been higher for investment than my residence. I do know of some people who get sub Prime rates on large multi million dollar deals.

However, for me I get rates in the following range:

1-4 family non owner occupied 6.5%, no points, 80% LTV, 30 yr fixed

greater than 4 family, commercial 6.25% ARM, no points, 80% LTV, 15 or 20 year amort, 3 or 5 year balloon --130.76.32.144