Primary vs investment Loan

[Dan Tran]

Hello BP,

I am getting started and just talked to a lender.

He said I can get a primary home loan if I keep my mailing address at the home of purchase even after I rent it out. Doing so will keep my interest rate at 3.7% or lower with down payment of 20% or less.

If I get a investment loan the rate jumps up to 4.7%-5.7% with a required down payment of 20% -25%.

What would y’all do?