2 Family Investment Property Mortgage Rates

We offer cmhc insured mortgage products for qualifying multi family real estate properties to allow financing up to 85 of the property value and amortizations up to 40 years.

2 family investment property mortgage rates.

For this reason you will find that investment property mortgage rates are slightly higher than the rates for a mortgage on a family residence. Investment property rates are usually at least 0 5 to 0 75 higher than standard rates. Our commercial multi family mortgage programs provide borrowers with fast flexible financing options with low rates and flexible financing features. Because of the higher risk interest rates on investment property mortgages tends to be 1 to 1 5 higher than traditional loans on a single family home.

Mortgage rates are higher for second homes and investment properties than for the home you live in. We ve created multifamily housing mixed use property and small balance commercial lending solutions tailored to meet your real estate investment goals experience what sets axos bank apart from other investment property lenders we believe in efficiency value and customer service above all else. It requires at least 25 down for single family homes and 30 down for 2 4 unit properties. Rates are about 25 percent to 75 percent higher for these loans than for an owner occupied mortgage and you ll be at the lower end of this range if your down payment is larger.

Because house flipping profits usually depend on turning over the investment quickly you may pay rates as high as 20 unless you do a. So at today s average rate of 2 625 2 625 apr for a primary residence buyers can expect interest rates.