Second Home Mortgage Requirements

Submit Your Tip

Second Home Mortgage Requirements – This is a place for the community to provide tips and advice on Second Home Mortgage Requirements. This topic was created by ukinny and the tips are provided by the community. The tips you add here can be your own or referred from another site. The best tips are then ranked at the top when up-voted by members of the community.

Tip 1 - What are the requirements to qualify for a second home or vacation home? - Zillow Mortgage Advice

Published: 9 years, 2 month(s) ago | Submitted by xness 151x | permalink

Refinance in Carmel Mountain, San Diego, CA -

For further reading: http://www.zillow.com/advice-thread/What-are-the-requirements-to-qualify-for-a-second-home-or-vacation-home/476780/ ^[1]

Tip 2 - Tips for closing a second home under QM rules

Published: 9 years, 2 month(s) ago | Submitted by Benito Palacios | permalink

When considering the purchase of your second or vacation home, be sure to understand the mortgage lender’s eligibility requirements for categorizing the property as a second home.
Tags: qualified mortgage,DTI,mortgage approval

For further reading: http://www.housingwire.com/blogs/1-rewired/post/29658-tips-for-closing-a-second-home-under-qm-rules ^[2]

Tip 3 - Second Home Mortgage Requirements

Published: 9 years, 2 month(s) ago | Submitted by Howard Hayakawa | permalink

Once you've found the perfect vacation destination, you might want to purchase a home there. However, if you can't afford to pay cash for it you'll need to find mortgage financing. Many ...

For further reading: http://homeguides.sfgate.com/second-home-mortgage-requirements-67310.html ^[3]