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What is the appropriate interest rate for an interest only second home loan, financed 100%, with A+ credit?

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  1. Interest rates very by company. You say A+ credit, but one companies A+ may be another companies A. DTI (Debt to Income) ratio will also factor in the interest rate that you can get, the higher DTI the higher the interest rate. Also residual income will play a factor, the lower the residual the higher the interest rate. The fact that you are getting a loan for a second home and it will be 100% financed will also raise the interest rate. I can't tell you what your rate will be, but I suspect it will be higher that you think it should be.
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