top of page

SECOND HOME!

2 hours ago
1 min read

When you want to purchase a vacation home to create family memories, a future

retirement home, or an investment property, Mortgage Planning with us can help

make your dreams come true!

 

Buying another home, while keeping the one you have, is a big decision.

 

We’ll go over the pros and cons so you can confidently make an informed choice.

 

Find Out How You Can Afford to Purchase Another Home!

Cash-Out Refinancing:

Look into using your built-up home equity to pay for another property.

 

Co-Borrowing:

Getting a co-borrower, whose income, assets, and credit history are also taken

into consideration, may make it easier for you to qualify to fund a second home.

The additional borrower will have equal stake in the property.

 

Pool Your Cash:

If you plan to share your vacation home, you may want to tap into the home, you may

want to tap into the “bank of family” to buy it! Consider pooling your cash for a bigger down

payment.

 

Gifts:

Find out when gift money can be used for your real estate purchase.

 

Tap Into Other Investments: 

Your financial and tax consultants can advise you on when it might make sense to

access your other financial vehicles to invest in real estate, such as your 401K.

 

While you may be focused on whether to buy a beach or lakefront property, we can

help you with the most important part of your decision:

Landing the loan!

 

For more details,


Call Us Today!



 
 
 

Comments


bottom of page