5.25% Interest rate on investment property

[Wendy S.]

Hi all.

Is 5.25% on a 30 yr conventional loan with 15% down and excellent credit, about where the market is right now on less than a $250,000 property or should I be shopping lenders, considering I'm using a broker.

[Nick C.]

If the property is in your name you can do better. If the property is in an LLC that's about the going rate.