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Peter Oh's profile image
Peter Oh's profile image
Peter Oh
Pro Member
  • from Fremont, CA
  • Member since Jan 4, 2016
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Peter Oh's profile image
Peter Oh's profile image
Peter Oh
Pro Member
  • from Fremont, CA
  • Member since Jan 4, 2016
Connect
Peter Oh
Pro Member
  • Fremont, CA
1
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18
Posts
General Real Estate Investing

Mortgage Rates for Investors

Peter Oh
Pro Member
  • Fremont, CA
Posted Jun 20 2017, 19:17

Hello,

My wife and I recently bought some investment property in Texas in April/May 2017. Our loan rate was 5.125% on the 30 year fix. I was told that it is higher because it was an investment home. The rates right now are about 3.71% for a 30 year fix. 

I wanted to find out if I was getting ripped off or if this is a legitimate and reasonable APR.

Thank you very much for your time!

Peter

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