I want to own a vacation property. Do I have to pay cash for it?

Vacation Home Mortgages

Whether it’s a cabin for skiing or a getaway from the Summer heat, vacation or second properties are a popular investment for many people! They can enhance your lifestyle and help you make great memories.

You can get financing for your vacation property and make that lifestyle a reality. When you do not plan to occupy the property as a primary residence, you do have to have a higher down payment. 3% and 5% down would not be an option. If you have saved 20%, or you can reallocate 20% from other investments, then it’s a very realistic goal!

We are happy to review your situation and help you plan to reach this goal. Email us anytime.

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