Conventional Loans terms

[Henry Dotson]

I am a new investor. I will like to know if, all conventional loans are arms rate. Are there any conventional loans that are 30 year fixed for investment properties? I applied for a 30 year refinance loan for my investment property and I thought that I was getting an fixed rate for 30 years. After reading the hud, the rate was fixed for only 5 years. The five year rate was not the best, so who knows what the new adjustable rate would convert to after five years.