![]() Lenders view investment properties as risky compared to primary residences. These rates are subject to change, however, and vary widely based on both overall market conditions and factors like the borrower's credit score, the loan-to-value (LTV) ratio, the loan amount and the property's location and type. For example, if the current market rate for a 30-year fixed-rate mortgage on a primary residence is around 7 percent, the rate for an investment property might be 8 percent. Mortgage rates on investment properties are higher than rates for primary residences, generally a percentage point higher compared to conventional loan rates for the latter. Today’s mortgage rates for investment properties As you weigh offers, be sure to consider APRs, lender fees and closing costs to ensure you’re making accurate comparisons - and maximizing your savings potential. Our rate table filters allow you to plug in general information about your finances and location to receive tailored offers. Compare mortgage offers online: Bankrate helps you easily compare mortgage offers by using our mortgage rate table below. ![]() Gather necessary documentation: In order for lenders to give you the most accurate quote, you will need to provide paperwork once connected with a lender that verifies your income, assets, debts and employment. ![]()
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