Vacation Home Loan- Rules

[Ryan Carmichael]

Hi everyone!

I was curious on the certain rules and amounts of vacation home loans you can have in your name? Does it depend on the different markets you invest in? Is there a certain limit? 

Thanks!

[Jay Voorhees]

I agree with Torrell. You'll also want to keep in mind that agency loans look at a debt-to-income ratio. If these are vacation homes but also STRs, they'll need to show on taxes for a year to account for their income when purchasing the next home. Hope this helps and good luck.