If you vacation there, why not invest in real estate. You can rent it out when you don't use it.
Let the rental income offset expenses while you build equity.
There are a few ways to qualify for this. The first thing we need to do is review your current tax return and determine your debt to income ratio.
You can qualify for an investment loan programs based on the appraisers income projection for the property. We have first time investor programs and savvy investor programs.
The loan officer's role is to determine how you can qualify based on the documentation provided. Then we will review each of the program guidelines and rates for originating the loan.