Are interests rates lower when purchasing a primary residence?

We created the easiest process to request and submit mortgage info!

Start with our online application

book a call with one of our experienced mortgage nerds
Are interests rates lower when purchasing a primary residence?

Question: I would like to know if I should expect a lower…

In a matter of days we were approved for an FHA loan
Luckily we found Julie
I’ve used Julie’s services twice
Julie was a breath of fresh air. She’s smart, experienced, easy to communicate with
My hubby and I worked with Julie to purchase our first home and it was awesome
THANK YOU JULIE AND TEAM for everything!
Julie is a ROCKSTAR!!!
CONTACT
CONNECT

Question:

I would like to know if I should expect a lower interest rate for a mortgage when buying a primary residence compared to a second home or an investment property.

Answer:

Second home and primary residence purchases typically have similar interest rates. An investment property will almost always have higher interest rates.

PS Check out our simple eval process where you can choose whether you want to: get real rates specific for your scenario (beware of teaser rates!), see how much home you can afford, get pre-approved, or quickly submit your contact info so we can get back in touch.