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Updated over 3 years ago on . Most recent reply

Tim Kappel's profile image
Tim Kappel's profile image
Tim Kappel
  • Rental Property Investor
  • from St Louis, MO
  • Member since Apr 14, 2020
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Tim Kappel's profile image
Tim Kappel's profile image
Tim Kappel
  • Rental Property Investor
  • from St Louis, MO
  • Member since Apr 14, 2020
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Tim Kappel
  • Rental Property Investor
  • St Louis, MO
13
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28
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Starting Out

Typical Interest Rates for June 2021

Tim Kappel
  • Rental Property Investor
  • St Louis, MO
Posted

What are the typical interest rates for investors today?  I was talking with an mortgage lender who was suggested to me but the rate I am being provide is 5.25% with 20% down.  That just seems high to me but wanted to check with others.  My credit score is between 790 - 800 as well.

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Matthew Crivelli's profile image
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Matthew Crivelli
  • Lender
  • from Massachusetts
  • Member since Mar 1, 2021
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Matthew Crivelli's profile image
Matthew Crivelli's profile image
Matthew Crivelli
  • Lender
  • from Massachusetts
  • Member since Mar 1, 2021
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Matthew Crivelli
  • Lender
  • Massachusetts
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Matthew Crivelli
  • Lender
  • Massachusetts
Replied

Is this conventional? I know on the private side rates have been going down and on the conventional side they have been going up. I would shop around I think you can beat that rate.

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