Shop
for Rental Property Financing Solutions
Online
You can research home
mortgage companies offering rental property
loans at competitive mortgage rates and
low closing costs using the mortgage rate
tables available on BurlingtonMortgage.biz.
To get started, simply use the dropdown
boxes above or select your state on the
map. While the interest rates, APRs, and
fee information in the survey are for primary
residences, you can at least get an idea
of which lenders and brokers are competitive
in today's market. Rental property mortgage
rates are usually higher than those for
primary residences and/or second homes.
Please contact the lenders and brokers directly
for information on their current rental
property financing options and for a customized
quote for your unique scenario.
Why
Are Mortgage Rates Higher for Rental Properties?
The default rates on investment properties
tend to be higher than what's seen on peoples'
primary residences. The theory being that
people who are financially in a tough spot
will choose to "walk away" from
their investment property or second home
before the stop paying on their primary
residences.
Find more information on today's investment
property mortgage rates and home loan
programs.
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