BEST ANSWER
Virginia,
Here are some real-world examples of what you could get on a 30-year fixed rate investment property conforming loan with zero points (assuming excellent credit, etc.) versus the comparable primary home rate:
80% Loan-to-Value (LTV): 6.500% / 4.750%
75% LTV: 5.375% / 4.750%
70% LTV: 5.375% / 4.750%
65% LTV: 5.375% / 4.750%
60% LTV and below: 5.250% / 4.625%
If you have any questions or would like more information, don't hesitate to get in contact.
Have a great weekend!
Rob Spinosa
rspinosa@mortgagemasterinc.com
Fri May 8 2009, 20:03