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Vacation Home Second Mortgages
Nationwide Mortgage Loans offers vacation home second mortgages for purchase, cash out or home improvement financing. We provide many competitive loan programs for people who need a 2nd mortgage on their vacation property.
2nd mortgages for second homes are offered up 95% loan to value. Many people like to take out second mortgages on their vacation homes for investing in another property or to finance home improvements to their 2nd home.
| Dare to Dream…Vacation Homes Are Possible with Creative Financing |
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| Loan to Value: |
90-95% |
| Credit Rating: |
Fair Good or Excellent |
| Key Qualifiers: |
Property Value, Credit Score |
| Income Documentation: |
Full Doc or Stated Income to 100% |
| Second Mortgage Terms: |
• 15 Yr. Fixed Rate
• 20 Yr. Fixed Rate
• 25 Yr. Fixed Rate
• 30 Yr. Fixed Rate
• 30 Yr. Fixed 15 Yr. Balloon |
Lock into a low rate loan while the rates are low and your equity is peaking for your vacation home. Many homeowners are looking to refinance their existing home equity line of credit, because it has a variable rate.
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| Resource Tools |
Loan Comparison Calculator
This calculator will help you to compare the total mortgage interest charges of 4 types of loans.
Speak with a live loan officer Call 1-800-242-6986
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