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Updated over 4 years ago on . Most recent reply

Current Rates for 15 Year Mortgage Conventional VS. Rental
Hello,
We have contacted two local banks and their rates for15 yr. rental property loans (1-4 units) are around 5.75%. Their rates for 15 yr. conventional loans are 2.65-3%
Obvisously we would prefer tthe lower rate. Are there banks offering lower rates for rental property? Is there a way we can get the conventional rates?
Thanks!