Your rate may vary based on your own scenario as well has how much you opt to pay in discount fees. 

Seems that most numbers are listed as the month before the listing and in MN the utilities can vary a lot across the seasons.  

Then They would typically only be willing to lend $450k.Keep in mind rates and terms can vary from bank to bank.Sounds like a neat project. 

They can vary wildly depending on the age of the property, who pays utilities, type of tenants, and more.  

However, the rates and terms of them do tend to vary a lot more from bank to bank and the terms can be negotiated depending on the quality of the credit (not just credit score) and how badly the bank wants the business.What are you looking at financing and what's your experience?

I understand that it may vary by lender but I wanted to see what the norm is.Thanks!

They are sometimes easier to obtain though and interest rates can vary to being competitive with a bank to as high as a HML.Hard money lenders are a good way to get started but the rates and terms can be very steep.Hope this helps.

Hi Jorge,Here's the LE Explainer from the CFPB.Page 2 boxes A and B, and any lender credit on box J, are the only things that really vary by lender. 

One of the most important things you learn when you are growing a business is that you can't do it yourself, you have to leverage other people, especially in two categories: tasks that are time consuming (like labor) and tasks that require particular skills and experience to be done well.My 2 cents, hope it helps

If you do the typical 3.5% down payment, the monthly MI will typically be 0.85% of your base loan amount but it does vary depending on the loan amount and your down payment and loan term.