Investment Property Mortgage Rates

Home Rates Investment Property Rates

Mortgage Rate vs. APR: What's the Difference?

Fixed-Rate Investment Property Loans
First Trust Deed Interest Rate Points** Annual Percentage Rate*** Monthly Payment Per $1,000****
First Trust Deed
30-Year Fixed-Rate Mortgage for Investment Property - Conforming [1] [3]
Interest Rate
6.750%
Points**
0.000%
Annual Percentage Rate***
6.865%
Monthly Payment Per $1,000****
$6.49
First Trust Deed
30-Year Fixed-Rate Mortgage for Investment Property - Jumbo [2] [3]
Interest Rate
6.750%
Points**
0.000%
Annual Percentage Rate***
6.813%
Monthly Payment Per $1,000****
$6.49
First Trust Deed
20-Year Fixed-Rate Mortgage for Investment Property - Conforming [1] [3]
Interest Rate
6.625%
Points**
0.000%
Annual Percentage Rate***
6.774%
Monthly Payment Per $1,000****
$7.53
First Trust Deed
20-Year Fixed-Rate Mortgage for Investment Property - Jumbo [2] [3]
Interest Rate
6.625%
Points**
0.000%
Annual Percentage Rate***
6.705%
Monthly Payment Per $1,000****
$7.53
First Trust Deed
15-Year Fixed-Rate Mortgage for Investment Property - Conforming [1] [3]
Interest Rate
6.250%
Points**
0.000%
Annual Percentage Rate***
6.429%
Monthly Payment Per $1,000****
$8.57
First Trust Deed
15-Year Fixed-Rate Mortgage for Investment Property - Jumbo [2] [3]
Interest Rate
6.250%
Points**
0.000%
Annual Percentage Rate***
6.344%
Monthly Payment Per $1,000****
$8.57
First Trust Deed
10-Year Fixed-Rate Mortgage for Investment Property - Conforming [1] [3]
Interest Rate
6.125%
Points**
0.000%
Annual Percentage Rate***
6.375%
Monthly Payment Per $1,000****
$11.16
First Trust Deed
10-Year Fixed-Rate Mortgage for Investment Property - Jumbo [2] [3]
Interest Rate
6.125%
Points**
0.000%
Annual Percentage Rate***
6.256%
Monthly Payment Per $1,000****
$11.16


Maximum loan amount for Investment Property Loans is $2,500,000. Contact a loan officer for details.

Maximum real estate loan(s) to any one member is $7,000,000 (cumulative total). The maximum percent financed is calculated by dividing the loan amount by the property's value. The property's value for purchase transactions is the lesser of the appraised value or purchase price.

Rates and points may be locked in for 60 days at no charge, or up to a maximum total of 120 days for a fee of $500.

** Other rates and point options are available. Contact a Star One Phone Representative for details.

*** The Annual Percentage Rate (APR) for Jumbo loans assumes a loan amount of $900,000 for Jumbo loans. The APR for all other loans assumes a loan amount of $100,000.

**** Payment amount does not include taxes and insurance. Actual payment amount will be greater.

Fixed-to-Adjustable-Rate Investment Property Loans
30-Year Adjustable-Rate Loans Interest Rate Points** Annual Percentage Rate***
 		Lifetime Cap Monthly Payment Per $1,000****
30-Year Adjustable-Rate Loans
3-Year Fixed-to-Adjustable-Rate Mortgage for Investment Property - Conforming [1] [3]
Interest Rate
6.250%
Points**
0.000%
Annual Percentage Rate***
6.451%
Lifetime Cap
11.250%
Monthly Payment Per $1,000****
$6.16
30-Year Adjustable-Rate Loans
3-Year Fixed-to-Adjustable-Rate Mortgage for Investment Property - Jumbo [2] [3]
Interest Rate
6.250%
Points**
0.000%
Annual Percentage Rate***
6.586%
Lifetime Cap
11.250%
Monthly Payment Per $1,000****
$6.16
30-Year Adjustable-Rate Loans
5-Year Fixed-to-Adjustable-Rate Mortgage for Investment Property - Conforming [1] [4]
Interest Rate
6.375%
Points**
0.000%
Annual Percentage Rate***
6.485%
Lifetime Cap
11.375%
Monthly Payment Per $1,000****
$6.24
30-Year Adjustable-Rate Loans
5-Year Fixed-to-Adjustable-Rate Mortgage for Investment Property - Jumbo [2] [4]
Interest Rate
6.375%
Points**
0.000%
Annual Percentage Rate***
6.584%
Lifetime Cap
11.375%
Monthly Payment Per $1,000****
$6.24
30-Year Adjustable-Rate Loans
7-Year Fixed-to-Adjustable-Rate Mortgage for Investment Property - Conforming [1] [5]
Interest Rate
6.500%
Points**
0.000%
Annual Percentage Rate***
6.551%
Lifetime Cap
11.500%
Monthly Payment Per $1,000****
$6.32
30-Year Adjustable-Rate Loans
7-Year Fixed-to-Adjustable-Rate Mortgage for Investment Property - Jumbo [2] [5]
Interest Rate
6.500%
Points**
0.000%
Annual Percentage Rate***
6.620%
Lifetime Cap
11.500%
Monthly Payment Per $1,000****
$6.32
30-Year Adjustable-Rate Loans
10-Year Fixed-to-Adjustable-Rate Mortgage for Investment Property - Conforming [1] [6]
Interest Rate
6.625%
Points**
0.000%
Annual Percentage Rate***
6.655%
Lifetime Cap
11.625%
Monthly Payment Per $1,000****
$6.40
30-Year Adjustable-Rate Loans
10-Year Fixed-to-Adjustable-Rate Mortgage for Investment Property - Jumbo [2] [6]
Interest Rate
6.625%
Points**
0.000%
Annual Percentage Rate***
6.686%
Lifetime Cap
11.625%
Monthly Payment Per $1,000****
$6.40


Initial interest rate is fixed for 3 years, 5 years, 7 years or 10 years. See loan program summary for additional terms, contact a loan officer for details.

Maximum loan amount for Investment Property Loans is $2,500,000. Contact a loan officer for details.

Maximum real estate loan(s) to any one member is $7,000,000 (cumulative total). The maximum percent financed is calculated by dividing the loan amount by the property's value. The property's value for purchase transactions is the lesser of the appraised value or purchase price.

Rates and points may be locked in for 60 days at no charge, or up to a maximum total of 120 days for a fee of $500.

** Other rates and point options are available. Contact a Star One Phone Representative for details.

*** The Annual Percentage Rate (APR) for Jumbo loans assumes a loan amount of $900,000 for Jumbo loans. The APR for all other loans assumes a loan amount of $100,000.

**** Payment amount does not include taxes and insurance. Actual payment amount will be greater.

Minimum down payment on a house, condo or investment property

Star One offers first-mortgage loans for primary residences with a down payment as low as 3%.

First mortgage for primary residences—single-family homes, condominiums and townhomes:

  • 3% down payment: loans up to $1,209,750 (97% LTV)
  • 5% down payment: loans up to $1,500,000 (95% LTV)
  • 10% down payment: loans up to $2,000,000 (90% LTV)
  • 15% down payment: loans up to $2,500,000 (85% LTV)
  • 20% down payment: loans up to $3,000,000 (80% LTV)
  • 25% down payment: loans up to $3,500,000 (75% LTV)
  • 30% down payment: loans up to $5,000,000 (70% LTV)
  • Cash out is available for refinance transactions with at least 20% down payment (up to 80% LTV)

First mortgage for 2-4 unit primary residences:

  • 20% down payment: loans up to $3,000,000 (80% LTV)
  • 25% down payment: loans up to $3,500,000 (75% LTV)
  • 30% down payment: loans up to $5,000,000 (70% LTV)
  • Cash out is available for refinance transactions with at least 20% down payment (up to 80% LTV).

First mortgage for secondary residence or vacation home (single-family only):

  • 30% down payment: loans up to $2,000,000 (70% LTV)
  • Single-family residence only—purchase or limited cash-out refinance option