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Wondering what the current rates are on jumbo loans (say $2.5mm condo purchase price with 50% down / 50% financed) on both owner occupied property vs. if condo is designated as a rental unit. Is this a 50bps difference or more like 1.0-1.5% higher for the rental?

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not much higher for investment property.

Ellen Silverman
esfundingco@aol.com
www.esfunding.instantlender.com

Should not be more than .50% higher. They may also charge up to .50% as a fee as well.

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