Investor Mortgage Report – Week of July 8th, 2024





Fix and flip loans
Flat to slightly lower!
Rates were as volatile last week as expected, moving higher early in the week before falling after the Independence Day holiday. Despite more new jobs created than expected for last month, most of the week’s jobs data pointed to a softening labor market, supporting the idea that the Fed could start cutting rates in September.
Rates are expected to get at least a little bit better this week as inflation data shows inflation continues to move lower. However, there is risk that if we get a surprise increase in inflation it would push rates higher on the week.


What’s affecting rates this week:

  • Inflation data: Consumer inflation data comes out Thursday and will have the biggest effect on rates this week, with wholesale inflation data coming out on Friday. If inflation continues to show signs of cooling, that will support Fed rate cuts later this year and help mortgage rates.
  • The Fed: Fed Chair Powell will testify on the economy in front of Congress this week, as he does twice a year. If his comments lead markets to believe the Fed is likely to cut rates this year, it will help hold rates at these levels or improve.

DSCR Loans

Best Rate at 60% LTV:    6.25% to 6.99%

Best Rate at 70% LTV:    6.875% to 7.25%

Best Rate at 80% LTV:    7% to 7.375%

Highest LTV:    85% (purchase + rate and term)

Lowest FICO score:    620

Smallest Loan:    $65,000

Largest Loan:    $20mm (large portfolios)

Vacant Properties:    75%

Short-Term Rentals: 80% (purchase + rate and term)

Best rates are based on 780+ credit score, DSCR above 1.15, loans over $300k and in major cities.  We have 20+ of the best DSCR loan buyers at our fingertips and can help with most clients’ needs.

No Ratio Loans

Highest LTV: 75% (Purchase + rate and term)

No ratio loans are loans that do not require a rental agreement or have negative cash flow.

Conventional Loans

Owner Occupied: 6.375% to 6.675%

Non-Owner Occupied:  Low 7.25 to 7.375%

Conventional loan rates powered by TNS Loans NMLS #1719349 on properties in Colorado.  If you want specific rates, reach out to TNS Loans via email at

Private Loans

Small Loans and Lenders (.5 – 3 Points): 9.5% – 12%

Large Lenders (15% down + 1 point + closing costs): 9.25 – 11%

 Highest LTV 100% of full project up to 72.5% ARV

 Lowest FICO score:   Mid 500’s with good credit last 12 months

 Smallest loan:    $10k


Business Credit Cards

0% for up to 18 months

Options for business 3 months plus in business

Credit usage loans available to increase score to qualify for business credit cards


RENTAL HELOCS to 80%.     Fixed and adjustable.


Don’t forget to grab a copy of your personal Investor Mortgage Report here

What are the best loan products for where you are at now and where you are going.  

Keep up as rates get better and requirements become easier.

Investor Mortgage Report – Week of July 8th, 2024