Investopedia’s pick for the best investment property lender is Rate (formerly Guaranteed Rate). It rated well in nearly every category we evaluated. If you’re looking for a lender that offers the best customer experience, try Rocket Mortgage. If you’re looking for the lowest average rates (and the big-bank experience), consider Bank of America.
To evaluate the best investment property loans, we collected hundreds of data points from 10 top mortgage lenders who originate investment loans. We also analyzed details from tens of thousands of investment property loans funded in 2024 and reported in the federal government’s Home Mortgage Disclosure Act (HMDA) database. We used that data to generate average rates, average loan-to-value (LTV) ratios, average debt-to-income ratios (DTI), and more to gain deeper insight into actual lender practices.