---

After moving higher over the last few weeks, mortgage rates held steady last week. Rates began the week slightly higher but ended virtually unchanged as markets adjusted to a new economic outlook.

Rates showed signs of stabilizing last week and may see a modest improvement this week, especially with the Thanksgiving holiday approaching. However, significant declines are unlikely, and volatility could return next week with the release of labor market reports

.

 

What’s affecting rates this week:

• • Inflation: The Fed’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) report, is due on Wednesday. This is likely the last key economic data traders will act on before the Thanksgiving holiday and could help mortgage rates improve.
  • Politics: President-elect Trump picked hedge fund manager Scott Bessent as his Treasury secretary late on Friday. Bond markets reacted positively to the news, viewing Bessent as a moderating influence likely to bring a Wall Street perspective to policies like tax cuts and tariff changes. This optimism has supported a slight improvement in mortgage rates.

  .

  

  Sign up for our pricing alerts (email me Mike@thecashflowcompany.com).  Let us know what rate you are looking for and we will reach out when they hit your target.  Rates will are going to bounce around for the next 12 to 18 months.  Don’t miss the next rate dip.  They won’t last long.

DSCR Loans

40 year options now available!

Best Rate at 60% LTV:    6.375% to 6.5%

Best Rate at 70% LTV:    6.625% to 6.875%

Best Rate at 80% LTV:    7.10% to 7.325%

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:6.25% to 6.5%

Non-Owner Occupied:  Low 7.125% 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 MB@TNSLoans.com.

---

Private Loans

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

Large Lenders (15% down + 1 point + closing costs): 8.25 – 10%

 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

 

Who has the best terms on fix and flip loans in Colorado?  We are keeping track and it is between Cap Fund 1 and Merchants Mortgage

 

---

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

---

HELOCS

RENTAL HELOCS from 70 – 80%.     Fixed and adjustable.   RATES AT PRIME + O

---

 

---

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 November 25, 2024