Financing a Vacation Home

Posted By Kaci Horonzy @ Jan 27th 2016 11:46am In: Mortgages

Myrtle Beach is a popular place for homeowners to search for a vacation home. Who doesn't want to take a break from chilly winter weather at the beautiful beach? 

A reality that comes along with purchasing a vacation home is financing a vacation homes, which comes with a few different aspects than just financing a primary residence. For example, you will have a higher down payment and you will need to prove that the home is used for vacations and not long-term rental income. Check out this great article to learn more, and make sure to look at our featured listings to see if we have the right vacation home for you! 

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