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Updated 8 months ago on . Most recent reply

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David N.
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David N.
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David N.
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Private Lending & Conventional Mortgage Advice

2nd home/vacation mortgages available at 10%?

David N.
Posted

I'm in discussions to buy a second home/investment property in Vermont. My lender just called me quite flustered to say that he has learned that no one is doing the traditional 10% down loan for second homes, which is what I was going to use. Is this true? Does anyone have different information?

Thanks, David

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Chris Seveney
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@David N.

20% is minimum I am seeing

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