Vacation Homes

Financing a vacation home sits somewhere between a primary residence and an investment property, and lenders treat it as its own category. This category covers second home loans: the down payment lenders expect, how rates compare to your primary mortgage, and the occupancy rules that decide whether your property counts as a second home or a rental. You’ll find posts on qualifying while carrying two mortgages, financing a cabin or condo, what changes if you rent it out part of the year, and whether buying now or waiting makes more sense.