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Updated almost 7 years ago,
Typical mortgage rates for San Antonio SFR properties
A lender quoted a 5.5% interest rate for a 30 year fixed conventional (20% down) loan for a first investment property- SFR rental in San Antonio. Is this a good investment rate? Towards the typical low or high end for aforementioned terms?
If it's not great, anyone have recommendations on small local investor friendly lenders/unions/banks?