Mortgage Information

If you're like most buyers, a second home is the second-most expensive purchase you may ever make--and you may need some form of financing.  If the property you are considering buying is a second home, it will be important to find a reputable lender who can service your mortgage needs even from a distance, and who has local ties for appraisal valuation and title services. 


There are many lending institutions both local and out of town that offer a variety of mortgage products for owner occupied and vacation rental properties. Financing options and rates can vary widely, so it is important to do your research and shop around to ensure you get the mortgage that best meets your needs at the best price.


We would be happy to refer you to some excellent mortgage contacts locally and some larger national lenders who specialize in second home financing, or to help you in any other way we can to secure the best possible rate for your home purchase.

Work around on the mortgage calculators below to assist you in making some decisions around financing your new home.


Mortgage Qualification Calculator

This calculator will help you determine how much money you qualify to borrow. The results are informal. You will be subject to a credit approval from your financial institution taking into consideration existing debt load, amount of down payment, income and other variables.


Mortgage Payment Calculator & Amortization Table

This calculator will help you determine what your mortgage payments will be based on purchase price, interest rate and mortgage term, as well as other factors. The amortization table shows what the interest and principal payments will be over the term of the mortgage.