How to get lower investor loan in this market ?

[Orhi Tahi]

Hi Memphis Fam,

What are the key strategies to lower your investment loan in this market ? I got quoted ~7% and want to lower that at lease couple upcoming years.

I am open to all ideas.

Thanks,

Orhi

[Jason Wray]

Depending on your LTV 7% is not that bad for an investment property. If your LTV is under 70% rates are in the 6's with good to excellent credit. The other thing to keep in mind is you can do a rate buy down using the equity to cover the buy down fee. You also want to make sure you are not paying multiple points for that 7% rate.