Second & Vacation Home Loans
That place up north sounds great! And we can apply our Wisconsin mortgage lending expertise somewhere warmer too (don’t blame you, snowbirds). With our free 15-minute preapproval, you can make a serious offer fast in this competitive market – so that home away doesn’t get away.
The Perfect Loan for Your Home Away From Home
It's all easy and stress-free with:
- A Mortgage Loan Officer who responds to your application within just one business day
- The ability to lock your rate when you choose – at the time you apply or up to seven days before closing
- Loan status updates the whole way through, plus answers to questions anytime.
Picture Yourself in a Second or Vacation Home
If your next chapter involves a cabin, condo or beach house, we’ve got affordable rates, access to larger loan amounts and Summit will always service your second or vacation home! Choose from a fixed-rate mortgage term of 10-30 years or an adjustable-rate mortgage (ARM) with initial rate locks from 3-15 years!
Second Home Rates
| Term (up to) | Rate | Annual Percentage Rate |
|---|---|---|
|
30 Year Fixed Second Home** |
6.875% | 7.19% |
|
15/15 ARM** |
6.750% | 6.29% |
|
7/1 ARM** |
6.000% | 7.10% |
Or Consider This...
A cash-out refi on your primary home could get you the down payment you need for your vacation home. If you're interested or thinking about getting a second mortgage, check out your refinance options or talk to a Mortgage Loan Officer about what works best for you.
