Second Home
A second home refers to private ownership of a residence other than one’s primary residence. Depending on their purpose, second homes are sometimes called vacation homes or secondary residences The property must be available for your exclusive use and enjoyment and must not be subject to any rental pools or long-term leases.
Advantages:
- Buy the home now while employed and retire in it later
- Build wealth with additional equity
- Similar terms to primary residence loan
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Notices. Saturn Commercial Finance Inc., dba Titan Lending Solutions NMLS ID #2480814 (www.nmlsconsumeraccess.org), 4445 Willard Ave., Suite 600, Chevy Chase MD 20815. This is not an offer to enter into an agreement. Information, rates, and programs are subject to change without prior notice and may not be available in all states. All loans are subject to credit and property approval. Titan Lending is not affiliated with any government agency. Copyright © 2023. All rights reserved. Equal Housing Opportunity Lender.
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