Plan the property use before the loan path
Whether the home is a seasonal retreat, family vacation home, or future retirement location, the intended use matters. Discussing those details early can help identify the right documentation path.
David can help you compare second-home considerations and prepare for questions tied to occupancy, cash to close, reserves, and timing.
What to talk through early
- How you plan to use the property
- Down payment and reserve expectations
- Coastal or condo property details
- Whether rental use may be part of the plan
Is a second home treated like a primary home?
Not always. Second homes can have different documentation, occupancy, down payment, and reserve considerations.
Can a vacation home also be rented?
That depends on loan program rules, property use, and underwriting. Discuss rental plans before choosing a loan path.