A vacation home can be the bond that brings and keeps a family together. Whether it is a house at the beach or a country retreat, the place where sharing the love of your family will last a lifetime is just around the corner. Your personal mortgage advisor will open the doors to the place where memories will be made.
Benefits to Buying a Vacation Home
- Accommodations for the entire family under one roof.
- Potential income opportunity from renting while you are not using it.
- Alternative to throwing money away on a hotel.
Most Popular Loan Options
- Conventional Loan
As little as 3% down payment with excellent credit. Fixed rate.
- USDA Rural Housing Loan
No money down. The seller, your relatives or your friends may pay your closing costs.
- FHA Loan
Only 3.5% down payment. The seller or your relatives may pay your closing costs. No income thresholds.
- VA Loan
No money down. No monthly mortgage insurance (PMI). Available to eligible Veterans and active military members.
- Adjustable Rate Loan
Lower initial payment is great for home buyers planning on selling and moving after 3 to 7 years.
Contact a Mortgage Advisor online or call us at 717.249.7500