What are typical interest rates for investor loans?

[Christopher Davis]

Newbie here... wondering what are typical loan interest rates for investors purchasing homes, rather than owner occupied residence?

[Nigel Guisinger]

Rates depend on the asset, percentage down, how strong you are financially, the terms and point structure (meaning the fees the lender charges). I’ve paid anywhere between 12% plus 5.5 points with a 50% Ltv to as low as 4% with 1 point and 80% ltv. So it all depends on the deal and the risk. The truth is the more experience you have, the better the deal and the better your track record you have the better rate you get in many cases.