While primary homes can sometimes be purchased with as little as 3% down, second homes rarely offer this flexibility.
: Lenders generally look for a score of 680 or higher . requirements for buying a second home
Putting down at least 20% allows you to avoid . While primary homes can sometimes be purchased with
To qualify for a "second home" mortgage rather than a more expensive "investment property" loan, the home must meet specific occupancy rules: A guide to second home down payments - Chase Bank requirements for buying a second home