Loan Programs / Second Home
A home you also live inSecond home mortgage loans
Financing for a second home, priced from the programs RC Lending Advisors already offers.
How RC Lending Advisors uses this program
A second home is a home you live in part of the time. It is not the rental the investment page covers, and it is not the primary residence you live in full time.
RC Lending Advisors prices a second home from the lineup already on the loan programs page, most often conventional and jumbo. The site does not publish a second-home down payment. The 5 to 10 minute call is where the team says which program fits and what the file supports. The same team covers all 50 states and Puerto Rico through Cornerstone First Mortgage (NMLS #173855).
Questions on second home
Is a second home the same as an investment property?
No. Investment property, including DSCR, is for a rental and can qualify on the property's income. A second home is a home you also live in.
Which programs can finance it?
The call picks from the programs already listed. Conventional and jumbo are the ones the team starts with for a high-value or standard second home.
Do you publish the down payment?
No. This site does not state a second-home down payment. The call does, for the actual file.