Finance a Vacation Home | Vaction Home Mortgage| Total Morgage

Buying a Vacation Home

Purchase

Vacation homes are built for relaxation, but securing financing can be stressful.
See which loan options are best for you.

Vacation Home

I want to buy a vacation home, where do I start?

That’s awesome. Not only are vacation homes great for vacationing, but they can turn into a ready source of rental income or give you a chance to build home equity. If you’re searching for the perfect property, be sure to get pre-approved—it looks great to sellers when you make an offer.

A fixed rate mortgage perfectly suits today's low interest rate environment. The 30 year option is the one you hear about most, but there are also 10-, 20-, and 15 year terms for those who want to pay off their mortgage quickly.

A Jumbo Mortgage is what you will need if your loan surpasses the conforming limit (the largest size loan Fannie Mae or Freddie Mac can purchase). The conforming limit starts at $417,000, but varies by locale.

Since many loan programs (like FHA loans, VA loans, and USDA loans) are only available for primary residences, your options are going to be slightly limited. But that doesn’t mean you’re going to be stuck in a bad loan.

Why Choose Total Mortgage?

All we do is write mortgages, and we’ve got the process down to a science. Also:

*terms and conditions apply https://www.totalmortgage.com/30-day-guarantee/

Get a personalized rate quote.
Call 203-349-9574 or fill out the form to get started.

By providing my contact information, including my phone number, and clicking the "submit" button, I am verifying that this is my phone number(s) and that I consent to receive telemarketing calls and messages from Total Mortgage Services, LLC, NMLS #2764, our affiliates (Total Financial Services, Total Energy, Yellowbrick Reality, America’s Realty Network, together “Total Mortgage Services”) via any means, including, but not limited to, the use of automated telephone dialing systems; pre-recorded voice messaging in connection with calls; or texts (SMS and MMS) made to any telephone number I have provided, regardless of whether such telephone number is currently listed on any do not contact E-mail list, internal, corporate, state, or federal do not call list. I understand that I am not required to provide such consent as a condition of utilizing Total Mortgage’s services. I further understand that I may choose to be contacted by one of Total Mortgage’s customer service associates via email, rather than phone or text messages, by clicking here [email protected], or by calling 203-647-8080. For additional information regarding our privacy policy, please visit https://www.totalmortgage.com/privacy/