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Private Lending & Conventional Mortgage Advice

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Jeff L.
  • Investor
  • Pope Valley, CA
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108
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Do investment mortgages typically have higher rates than primary residence?

Jeff L.
  • Investor
  • Pope Valley, CA
Posted Apr 21 2015, 20:21

I'm a first time investor looking at SFRs, and I'm noticing that the rates I get for "investment properties" (rates in the high 4%s) are higher than rates I would get if I were buying a primary residence that I'd live in (rates in the 3%s).

Is this normal?

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