If you could have a vacation home anywhere, where would it be? Maybe that dream isn’t so far off. From a ski chalet to a lake house, purchasing a vacation home can be an exciting venture. A vacation home, in addition to being an idyllic getaway, can be a great lifestyle enhancement and is part of a long-term planning strategy for families.
If you plan to rent out your vacation home, you’ll need to consult a mortgage professional to learn more about the policies around renting a second property. If you’re looking to use a vacation home primarily to rent out for passive income, you may be looking for an investment property (and investment loan.) We suggest consulting a mortgage broker for more information.
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Our loan officers are certified in New Hampshire, Massachusetts, Maine, Connecticut, Florida, Vermont and North Carolina. You will benefit from having a trusted contact who understands the many mortgage options and how they can differ from state to state.