Interest rate for investment property

Google azhkys
May 11 11 Comments

Those who purchased or refinanced an investment house recently, what interest rate did you get and where from?
Targeting 25% down, around 900k price.
Did you have any issues counting rsu in your income for loan purposes?

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TOP 11 Comments
  • Microsoft
    temp_

    Microsoft

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    Amazon
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    Conventional mortgage is usually half to three quarters more in rate for rental properties
    May 11 0
  • LinkedIn / Finance ZerotoIPO
    rate was 4.5%. 30 yr fixed
    May 11 4
    • VMware moomoney
      What lender,?
      May 11
    • LinkedIn / Finance ZerotoIPO
      BAML with relationship funds (aka I put 500K in cash and stock in merrill lynch) and jumbo loan.
      May 11
    • Oracle ohoyriv
      What down payment?
      May 11
    • Google azhkys
      OP
      Does 401k count? Is 500k the minimum or what you have decided to put there?
      May 12
  • Oracle morning sun
    For investment property Loan Amount 250K , 25% down interest 4.875% 30 years fixed, Wells Fargo. For house as an investment property they seem to charge higher interest rate
    May 11 0
  • New / Other
    DuQvV7y

    New Other

    BIO
    Did stuff. Hustled hard. Retired
    DuQvV7ymore
    80% LTV with a 5yr ballon on a 4.5% interest only has been my huckleberry of late.
    May 11 0
  • Microsoft
    fern vbv

    Microsoft

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    Google, Amazon, Facebook
    fern vbv more
    900k house as an investment?
    May 11 1
    • Google azhkys
      OP
      Want to buy another home in Bay area without leaving current home. Mortgage has to be as investment.
      May 12
  • Google azhkys
    OP
    Did any of you face issues with counting rsu initial grant in income? Did you need to show refresh grant?
    May 12 0