BiggerPockets | Mortgage Rates Finally Below 7% and Surprisingly Cheap DSCR Loans @biggerpockets | Uploaded May 2024 | Updated October 2024, 12 hours ago.
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Mortgage rates have recently seen a much-awaited dip as some primary residence loans finally fall below the seven-percent threshold. This is good news for everyday homebuyers and real estate investors like you, as it could mean lower investment property loan interest rates and better cash flow for your next rental property. Which loans are seeing the lowest mortgage rates, and are there any opportunities worth taking advantage of with investor-only loans? We’re getting into it on this Mortgage Monday.
If you’ve been looking at DSCR loans (the loans that DON’T require you to have a W2), we have some good news. Strangely-low DSCR mortgage rates have started to surface, making now a phenomenal time to lock down your next deal. How low are these rates, and why are they so far under the average of where they should be? Christian and David will explain it all, plus give you an interest rate update for VA, FHA, primary, second home, investment property, DSCR, and bridge loans...AND HELOCs (home equity line of credit)!
Discover the easiest way to receive rent with Rent App: https://rent.app/landlord
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Join BiggerPockets for FREE 👇
biggerpockets.com/signup?utm_source=owned_media
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Find an Investor-Friendly Agent in Your Area:
biggerpockets.com/agentmatch
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Find Investor-Friendly Lenders:
biggerpockets.com/findlenders
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Property Manager Finder:
biggerpockets.com/findapm
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DSCR Loans: The Greatest Investor Loan of All Time?
youtu.be/6korxs8cK-E?si=_41O2RnqN_Dr5-Uz
~~~
Top Lenders on Mortgage Rate Predictions + Loans You’ve NEVER Heard Of:
biggerpockets.com/blog/on-the-market-185?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
7 Clever Buy and Hold Investment Property Loans:
biggerpockets.com/blog/investment-property-loans-buy-hold?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Connect with Christian and David on BiggerPockets:
Christian: biggerpockets.com/users/christianb79?utm_source=youtube&utm_medium=description&utm_campaign=none
David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
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Follow Christian and David on Instagram:
Christian: @the_one_broker or instagram.com/the_one_broker
David: @davidgreene24 or instagram.com/davidgreene24
00:00 Mortgage Rate Update!
00:44 Sponsor: Rent App!
02:12 FHA and VA Loans
04:44 Conventional and Primary Home Loans
08:19 Second Home Loans
10:58 Investment Property Loans
12:00 DSCR Loans
15:32 Bridge Loans
16:15 HELOCs (Home Equity Line of Credit)
Effortlessly collect rent for free with Rent App: https://rent.app/landlord
Mortgage rates have recently seen a much-awaited dip as some primary residence loans finally fall below the seven-percent threshold. This is good news for everyday homebuyers and real estate investors like you, as it could mean lower investment property loan interest rates and better cash flow for your next rental property. Which loans are seeing the lowest mortgage rates, and are there any opportunities worth taking advantage of with investor-only loans? We’re getting into it on this Mortgage Monday.
If you’ve been looking at DSCR loans (the loans that DON’T require you to have a W2), we have some good news. Strangely-low DSCR mortgage rates have started to surface, making now a phenomenal time to lock down your next deal. How low are these rates, and why are they so far under the average of where they should be? Christian and David will explain it all, plus give you an interest rate update for VA, FHA, primary, second home, investment property, DSCR, and bridge loans...AND HELOCs (home equity line of credit)!
Discover the easiest way to receive rent with Rent App: https://rent.app/landlord
~~~~
Join BiggerPockets for FREE 👇
biggerpockets.com/signup?utm_source=owned_media
~~~~
Find an Investor-Friendly Agent in Your Area:
biggerpockets.com/agentmatch
~~~~
Find Investor-Friendly Lenders:
biggerpockets.com/findlenders
~~~~
Property Manager Finder:
biggerpockets.com/findapm
~~~~
DSCR Loans: The Greatest Investor Loan of All Time?
youtu.be/6korxs8cK-E?si=_41O2RnqN_Dr5-Uz
~~~
Top Lenders on Mortgage Rate Predictions + Loans You’ve NEVER Heard Of:
biggerpockets.com/blog/on-the-market-185?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
7 Clever Buy and Hold Investment Property Loans:
biggerpockets.com/blog/investment-property-loans-buy-hold?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Connect with Christian and David on BiggerPockets:
Christian: biggerpockets.com/users/christianb79?utm_source=youtube&utm_medium=description&utm_campaign=none
David: biggerpockets.com/users/davidgreene24?utm_source=youtube&utm_medium=description&utm_campaign=none
~~~~
Follow Christian and David on Instagram:
Christian: @the_one_broker or instagram.com/the_one_broker
David: @davidgreene24 or instagram.com/davidgreene24
00:00 Mortgage Rate Update!
00:44 Sponsor: Rent App!
02:12 FHA and VA Loans
04:44 Conventional and Primary Home Loans
08:19 Second Home Loans
10:58 Investment Property Loans
12:00 DSCR Loans
15:32 Bridge Loans
16:15 HELOCs (Home Equity Line of Credit)
