Best Conventional Mortgage Rates

3 Replies

Contact small credit unions local to your investment property. They've always beat larger lenders for us.

@Megan T. in today's environment, I would recommend shopping your rate. With such low supply, every mortgage lender wants your loan and it has never been easier to get lenders to face off against each other. While this may seem "rude", you're looking for the best rate and lowest closing costs especially on an investment property. My recommendation would be to shop around

@Alexander Zurn When shopping around for rates, are you just getting pre-qualified rates based off of what you tell the lender, or actually getting pre-approved to see what they can offer?

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you