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Updated about 2 years ago on . Most recent reply

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Stuart Cairns
  • Investor
  • Alexandria, OH
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Mortgage Interest Rate and Points

Stuart Cairns
  • Investor
  • Alexandria, OH
Posted

Scores above 780, 25% downpayment. 2 investors. What is today's interest rate for an investment triplex and would points be expected to be paid.

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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
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Robin Simon
#3 Private Lending & Conventional Mortgage Advice Contributor
  • Lender
  • Austin, TX
Replied
Quote from @Stuart Cairns:

Scores above 780, 25% downpayment. 2 investors. What is today's interest rate for an investment triplex and would points be expected to be paid.


if you are looking at DSCR, ballpark I would imagine somewhere in the 7s range - will also highly depend on DSCR, prepayment and a couple of other factors, more here:

DSCR Loans: What Are They And How To Get The Best Terms

https://www.biggerpockets.com/...

DSCR Loans: How To Use Pro Strategies To Save More And Make More

https://www.biggerpockets.com/...

Multifamily DSCR Loans: A New High-Impact Loan Option For Real Estate Investors?

https://www.biggerpockets.com/...

12 Frequently Asked Questions (And Answers) About DSCR Loans

https://www.biggerpockets.com/...

  • Robin Simon
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