Secret Pathway to Your Dream Vacation Home
Financing Your Dream
Financing a vacation home can be more complex than purchasing a primary residence. Mortgage rates for second homes are typically higher, and lenders often require a larger down payment, usually around 20-30%3. However, leveraging rental income can offset some of these costs. Many buyers explore options like vacation rental management companies to maximize their property's earning potential, ensuring a steady income stream to support mortgage payments.