What the numbers say
Investors in Arkansas borrowed at a median rate of 8%, versus 6.625% for owner-occupants — a 138 bps premium that ranks 2nd of 51 states.
Their applications were denied 7.9% of the time. The leading reasons for denial were debt-to-income ratio, collateral, credit history.
65% of investor loans were business- or commercial-purpose — the category that includes DSCR and LLC-held loans — and 5% were cash-out refinances. The typical loan-to-value was 75%, implying about 25% down.