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Updated almost 6 years ago,

User Stats

16
Posts
2
Votes
Wade McMaster
  • Real Estate Agent
  • Herndon, VA
2
Votes |
16
Posts

Paying more or not for investment property refi

Wade McMaster
  • Real Estate Agent
  • Herndon, VA
Posted

I've been looking into refinancing a house that we bought with an FHA as our primary residence and are now using as an investment property. It's now below 75% LTV, but every lender wants to charge us a higher APR because it's an investment property. Is this one of those things where we can shop around and find a lender that is friendlier to investors (or build a relationship with lender for better terms), or is the APR on an investment property refi going to be the same regardless of the specific lender?

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