Second Home Loans

A second home loan is for a vacation property or another residence you will occupy part of the year — not your primary home, and not a full-time rental. Kim Ferraro helps buyers in Pennsylvania and Connecticut compare conventional and jumbo second-home options so occupancy, down payment, and reserves line up before you write an offer.

Who a second home loan is a good fit for

• Buyers purchasing a vacation home they will use personally
• Households keeping their current primary residence and adding a second property
• Borrowers who may later need jumbo financing above conventional loan limits

If the property will be rented most of the year, look at investment options such as DSCR loans or Non-QM instead. Occupancy matters, and Kim will confirm the right box before you apply.

Key things to know

• Down payment and reserve requirements are often higher than a primary residence
• Rates and terms can differ from owner-occupied financing
• The property generally needs to be a reasonable distance from your primary home and suitable for personal use
• Kim shops conventional, jumbo, and other second-home paths rather than forcing one product

Have a property in mind? Contact Kim, book a call, or start your application.