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Updated over 5 years ago,
Fannie Rate adjustments for investment property
I see rates on the internet for primary homes 30 year fixed rates. Is there a typically formula for how much that rate should increase if the property is an investment property instead of an owner occupied property? Is there a typical increase in the rate if the house does not have a mortgage but is doing a cash out refinance?
If it makes a difference the property is in Oklahoma.