Owning Your Dream Vacation Home

A vacation home can be the bond that brings and keeps a family together.  Whether it is a house at the beach or a country retreat, the place where sharing the love of your family will last a lifetime is just around the corner.  Rebecca Foote Mortgage Team will open the doors to the place where memories will be made.

Benefits of Buying a Vacation Home

• Accommodations for the entire family under one roof.
• Potential income opportunity from renting while you are not using it.
• Alternative to throwing money away on a hotel.

Most Popular Loan Options

Conventional Loan

• As little as 3% down payment with excellent credit.
• Fixed rate.

USDA Rural Housing Loan

• No money down.
• The seller, your relatives or your friends may pay your closing costs.

FHA Loan

• Only 3.5% down payment.
• The seller or your relatives may pay your closing costs.
• No income thresholds.

VA Loan

• No money down.
• No monthly mortgage insurance (PMI).
• Available to eligible Veterans and active military members.

Adjustable Rate Loan

• Lower initial payment is great for home buyers planning on selling and moving after 3 to 7 years.

If you have any questions about buying a vacation home, don’t hesitate to reach out to my team at (717) 609-4044. We are happy to answer your questions and would love to work with you!