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I would like to purchase a vacation home but was told I need to put 25% down. Is this information accurate? It seems a bit high.

by senall519 from Miami, Florida. Apr 5th 2018 Reply


You can purchase a vacation home with only 10% down. Check out my reviews on Zillow! Kevin Hargis - Stuart, FL. Loankevin.com 18 years experience. 844-606-LOAN

Apr 5th 2018
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Gregg Pomeroy (G.Pomeroy)
#51 ranked lender in Connecticut - 13 contributions

Hello, it is possible to purchase a second home with as little as 10% down & you can roll some closing costs into the loan using a sellers concession. Rates are in the low 4% range right now if you have good credit. If you have any questions you are welcome to reach out to me at 203-299-2034, you can call or text that number day or night. Im available via email as well at: gpomeroy@boemortgage.com. My website is: www.thehomeloanspecialist.com

Apr 5th 2018
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10% down is the standard.I have been in the business for 35 years and would be very glad to assist you.Please email me at mbanner@pmanow.comOr we can go old school and actually speak to each other. 727-224-3859.Have a great evening.Mike Banner

Apr 5th 2018
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