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Is there a difference rate for non-owner occupied vs. owner occupied financing?

April 26, 2017financing non-owner occupied owner rate vs

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Is there a difference rate for non-owner occupied vs. owner occupied financing?

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Conforming non-owner occupied rates are typically 3/8% higher than owner occupied interest rates. The down payment or equity requirement is usually higher for non-owner occupied loans as well, typically 20-30%+.