Financing NOO rentals, low quoted rates here

[Bill Robinson]

All,

I have a bank that I have been working with that are great to work with and as far as I can tell give competitive rates on 5yr 20am commercial loans (currently 5.5% give or take I think). However, I see all over the place here people listing rates of 2.75% 30yr mortgages, which I am assuming are the same kind of mortgage I have on my actual home. Am I missing the boat somehow on being able to finance rental properties with conventional home loans?