Vacation Home Mortgage in California


  • 5-Star Rated Mortgage Broker
  • Stop Paying for Hotels, Invest in Real Estate
  • Residential and Commercial Loans
  • Be the Owner of Your Vacation
  • Office located in Los Angeles

Can You Get a Mortgage on a Vacation Home?

Ever dreamt about having perfect holidays but don’t have money for a vacation or summer home somewhere in California?

Having a place of your own where you can escape whenever you feel like it sounds like a dream! A dream which can easily become a reality if you apply for a vacation property loan.

We can help you with a loan for financing a vacation home of your dreams, and you will avoid hassle with booking hotels and have a 100% control over your spot!

Invest in Real Estate Today

Make your dream come true! Do you have any questions so far?

Call us for a free consultation


Investment Property or Vacation Home?

Before buying a vacation home, there are some points to consider:
  • You may not use income from renting a house to qualify for this type of mortgage loan.
  • The property must be occupied by its owner for at least some part of the year.
  • The house cannot be rented full time, and it must belong solely to the buyer.
  • This must be a one-unit home.
  • The house must be some distance away from your primary reside

The Benefits of Buying a Vacation Home

If you think that a vacation home is just for summer and is a useless investment, hear us out. This can be a considerable investment in the future of your entire family. Consider the advantages of purchasing a second property in California:

A place for a get-away

If you need a spontaneous vacation, then you can jump into the car and drive to your vacation home! No need to book hotels and waste your time on other details that come with renting somebody’s property. A day or two away from the family can be refreshing and bring a new perspective into your life.

Long-term profit

Most vacation properties are located in popular areas, and thus they are more likely to retain their value. However, research price trends in the place where you are planning to buy a house, access to highways, restaurants, etc.


Retirement plan

If you buy a vacation home before retirement, you will have a chance to try living in a new place and new environment, and later on, decide whether you want to make this place your permanent home. If you like your vacation mansion, you can sell your current house and thus reduce your mortgage debt.

Increase your tax break

If you use your vacation property as the second home and rent this house for less than two weeks yearly, then your mortgage interest may be tax deductible. Consult with a tax professional about this.

Vacation Home Loan  Process

4 Easy Steps to Your Dream

Step 1


Talk to Us to Know Your Options


Step 2

Find Your Dream Home

Enjoy a Home Shopping Experience

Step 3


Get a Loan Approval on the Terms You Want

step 4


Enjoy Your Homeownership

How to Qualify for a Vacation Home Loan

The credit score of 720-740 is perfect, but you need to have at least 600 to qualify for a financing program.

Income to support both properties
Ideally, your monthly payments should not be higher than 43-45% of your income. This includes paying for both of your properties and any other payments such as car payments or student loans. For example, if your income is $10,000 before taxes than all your loan payments summed up shouldn’t be more than $4,500.
A proof that it is a vacation home
The lender will want to know whether the house will indeed be used for vacations only and not rented out. Because financing requirements of a vacation home are more lenient than for investment property some borrowers want to trick the lenders. To prove this your should live at least 50 miles from the vacation home.
More money for a down payment
The down payment is higher than for the primary property. While you can purchase a primary property with as little as 5% down payment, you will need to put down at least 10% for a vacation home. Also, if you put down 20%, you will get access to the best possible rates. If you don’t have reserves on hand, you can borrow your down payment.
Additional finances on hand
If you want to get your loan approved you need reserves for at least two months’ worth of expenses. Moreover, if you are self-employed, you might need money for at least six months.

Apply for a Vacation Home Loan

Applying for a vacation home loan is for those who are weary of spending time in vacation rentals and hotels and want to have their own place.

If you plan to live in the home, then you are eligible for an owner-occupied home loan, which is preferable for mortgage lenders.

In addition, we can help you with refinancing your mortgage to reduce your monthly payments. A vacation home is a wise investment, especially in Los Angeles and California.


13317 Ventura Blvd #H,

Sherman Oaks, CA 91423

Phone: 323-741-5858

Hours: M-F 10:00 AM – 5:00 PM


Equal Housing Lender