Here’s the entire question…
“A friend of mine is in a serious situation. She is strongly considering intentionally defaulting on her mortgage payments in order to be able to move out of her current State. What’s worse is that she is considering obtaining a cash-out refinance on her home before intentionally defaulting. What are the [...]

The rate doesn’t have to be effected at all. Simply use the chart below to determine the investment property adjustment or “add-on”…and pay it as discount points directly to the lender. The rate will remain par if you negotiated a par rate in the first place.
Investment Property Adjustments: