There are many reasons why a person may be interested in buying a second home. Whether its for family to live in or vacation we have you covered. It is possible to buy a second home with as little as 5% down. The requirements to qualify are virtually the same as when buying your first home.

An example of how buying a second home could work to your advantage is a family with college aged kids. A young adult goes off to college but needs reasonably priced accommodation while they attend school. As parents of this child and potentially the one paying for these accommodation a second home can be a really good option. The young college student can live in the home and possibly get some roommates that cover most if not all of the mortgage and parents and student end up saving the money with only having to put up the small 5% investment.

This is just one example but if you are interested in buying a second home for any reason please get in touch and we can provide you with the information and assistance you need to get the job done.