How do I get a 2nd mortgage loan for a vacation home

It's no different than applying for any other mortgage.. You will still need to have sufficient credit, income, payment history, down payment, and required reserves. The best advice I can give you is to contact a LOCAL mortgage broker in Colorado, not the local "Big" bank, and certainly not one of those 50 states internet lenders...By applying with your LOCAL Broker, you have an advantage because he's familiar with local customs and works with numerous lenders, seeking out the best loan terms for your particular scenario. Because he has lower overhead, he can offer you lower rates and lower fees than most of the larger lenders.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Getting a second home loan is the same as a primary home. As long as qualify, the only "difference" is that you will need at least 10% down payment, and the home needs to be a reasonable distance from your primary home.

Start by working with a Mortgage Banker/Broker that is licensed in the area the new property will be located. Nova Home Loans is a Colorado Lender. I can connect you with one of our Colorado Licensed Loan Originators. You can contact me at 888-889-9950. ~ Bert Carpenter, The LoansA2z team of NOVA Home Loans ~ NMLS 40586 ~ www.LoansA2z.com 888-889-9950

Contact us now for your financial solution; We are the right lenders capable of funding your account within 24 hours.mayfundsinc@live.com

no problem , and there is a second home loan program that I can offer to you with 3% down.. i have 25 yrs experience in lending.. linda at 602-330-1598 i love Colorado!! my uncle was a hotel re modeler there.. restored them back to the original condition and look