Purchasing Your Vacation or Second Home

There has never been a better time to buy a vacation home. While the housing market struggles, good buys on real estate are everywhere. If you invest wisely you may end up with a great home and a great asset down the road. With low prices and a large number of homes for sale, this is the time you will get the most bang for your buck.


This is a Great Time to Invest in Real Estate

With such a large inventory available, chances are you can find a perfect vacation home. Whether you enjoy beachfront house or a country cottage, the choices are almost endless. With today's low interest rates and great vacation home mortgage options, it's a great time to invest in a second home. Many homeowners use the existing equity in their primary home to help finance their vacation home. Find out how much of a home you can qualify for today.


Searching for Your Ideal Vacation Spot

Here are just a few things to consider while you are starting your search:

  • How does it fit your family? Is there space and activities for visiting family members

  • The longer the travel time from your vacation home to your primary home, the less likely you are to go there. Two to three hours is an ideal travel time.

  • What is the climate year round, especially during the off season?

  • What are the healthcare accommodations? If this home ever becomes your primary home, are there healthcare facilities close by?


Popular Mortgage Programs

Purchase a new home or refinance your current mortgage into a secure, fixed monthly payment.
Low money down and flexible credit guidelines allow more people to qualify.
Don't pass up on homes because of no funds for the repairs. Include the repairs in your loan.
If you are a first time home buyer than this may be the program for you.
Designed for a veteran or someone currently serving in the U.S. Military.