Buying a vacation property or second home is a lot like purchasing your first home. You can purchase these types of properties with a minimum 5% downpayment, depending on the location of the property.
Interest rates are competitive for these types of properties, so don’t worry about higher rates unless you have bruised credit or are self-employed and looking to state your income.
Contact us to talk about a custom mortgage solution for your vacation property or second home.
* This data is provided for information purposes only and is updated daily by Mortgagegirl. Posted rates are subject to change without notice. O.A.C. E&OE.