Interest Rates Investors are Receiving Right Now

[Amir Ainsworth]

Hi everyone,

I just recently met with a lender and she told me she could offer me a loan with an interest rate of 3.625%. I know this is a good rate in the grand scheme of interest rates, but I was wondering if anyone else was receiving better rates or if this was high compared to rates people are receiving right now. I am in California, the Inland Empire area.

[Enrique Huerta]

That's a pretty solid interest rate, in general. Can you elaborate though? Is this for a SFR or an apartment building? How much down? What term?

We have received slightly better rates but that was for Multifamily agency financing. I’ve also seen recent SFR interest rates around 3.5% from banks.