Home loans for second homes or in other words, vacations homes and home loans for investment properties are available and viable in today's mortgage market. Of course, the standards are a little different than for the purchase of a primary residence (a home you will live in), but there are still affordable options given the current level of interest rates and house prices. For starters, you can obtain a conventional (0 comments)
In today’s mortgage marketplace, many home loan products that seem to go away for some time are making a strong come back, but in ways that makes sense. Home loans for second homes or in other words, vacations homes and home loans for investment properties are available and viable in today's mortgage market. Of course, the standards are a little different than for the purchase of a primary residence (a home you will live in), but there are still affordable options given the current level of interest rates and house prices.
For starters, you will need a down (0 comments)
second homes: Home Loans For Second Homes and Investment Properties Still Viable
- 04/29/11 12:22 AM
Home loans for second or in other words, vacations homes and investment properties are still available in today’s mortgage market. Of course, the standards are a little different than for the purchase of a primary residence (a home you will live in), but there are still affordable options given the current level of interest rates and house prices. For starters, you will need a down payment for the purchase of a second home or investment property and it will be need to be more than 0% or 3.5% as you can not use a FHA home loan or VA loan to (0 comments)