What if you had your own place to go? What if it is easier than you thought?
Basics on buying a vacation home and getting a second home mortgage:
-Property must be habitable year round. (running water, electricity, etc.)
-Owner must intend to occupy the property partially throughout the year.
-Single family, condo, townhome are okay. No multi-unit homes.
-At least 10% down.
-Good credit.
-Conventional financing. No government loans (FHA, VA, USDA).
Watch video to get a glimpse of vacationing awesomeness!
Video here: Livin the Dream! Vacation home - Second Home Mortgage
This post was contributed by a community member. The views expressed here are the author's own.
The views expressed in this post are the author's own. Want to post on Patch?
More from White Lake-Highland
Politics & Government|
OCHN Releases Applied Behavioral Analysis (ABA) Application to Participate (ATP)
Community Corner|