Vacation Home

Getting a Mortgage for a Vacation Home

Have you ever dreamt about having perfect holidays but do not have money for a vacation or summer home somewhere in California? Nowadays Californians favorites vacation rental destinations are Santa Barara, Big Bear Lake, Lake Tahoe, Mammoth Lakes and Oceanside (near San Diego).

• Having a place of your own where you can escape whenever you feel like it sounds like a dream! A dream can easily become a reality if you apply for a vacation property loan.
• Avoid the hassle with booking hotels and have 100% control over your spot! We can help you with purchasing or refinancing your vacation home loan in Los Angeles and California.

Investment Property or Vacation Home?

Before buying a vacation home, there are some points to consider:

• The property must be occupied by its owner for at least some part of the year.
• The house cannot be rented full time, and it must belong solely to the buyer.
• This must be a one-unit home.
• The house must be some distance away from your primary residence.
• You may not use the income from renting a house to qualify for this type of loan.