Mortgage rates for 30 year loan for a property in Texas

[Ronak Bajari]

Hi,

I m in the process of buying an investment property in Texas. I have excellent credit score. What mortgage rate can I expect? Any referrals would be appreciated

Thanks,

Ronak

[Ronnie Galindo]

Hey @Ronak Bajari, it all depends on what loan product you are using (i.e. Vacation home loan, DSCR, conventional, etc). Rates for conventional purchases are between 4-5% but DSCR rates can be anywhere from 6-10% so it all depends. Best case is to contact a broker to help you. I have a guy in TX that has helped me out on several deals! Shoot me a message and i'll send over his contact info!