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Old 01-30-2010, 11:55 AM
 
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What is the going rate on a mortgage for an investment property? How about required downpayment %? Assume a credit score above 750.

Will the above #'s vary much between credit unions or banks?
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Old 01-30-2010, 02:22 PM
 
Location: Austin
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Investor rates are typically, on average about 1 1/2 points higher than the par rate. If rates are at 5%, you could potentially get 6.5%. Many investors need to put down 30% these days, not just 20%.
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