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Category: Second Time Homebuyer (6 Articles)

June 17, 2020 | 6 minute read

Mortgage and Refinance Options for Families Who Have Outgrown Their Homes

A growing family doesn't necessarily need to start looking for a larger home. In fact, the best home option could be the one they are already living in, providing they can afford to make a few renovations. In many situations, it’s more affordable to improve the home you currently ... More

How to Compare Your Second Home Mortgage Loan Options
April 28, 2020 | 6 minute read

How to Compare Your Second Home Mortgage Loan Options

How Does Someone Buy a Second Home? For a lot of people, owning a second home means owning a vacation home. Unless you've won the lottery, you’ll likely need a second mortgage to purchase one, and that can be expensive. Cost is why a vacation home remains ... More

Second-Time Homebuyer Downpayment Strategies
April 23, 2020 | 8 minute read

Second-Time Homebuyer Down Payment Strategies

Do Second-Time Homebuyers Need a Down Payment? The quick answer is yes, it is almost certain that you will need a down payment. How much do you have to put down on a second home? That answer will depend on how much you can afford and how much ... More

August 30, 2019 | 5 minute read

Realtor or Lender – Which Should You Choose First?

Is it smarter to select a Realtor or lender first? Find out what you need to know when choosing a real estate agent and a mortgage lender – as well as some tips for selecting the best partners for your home purchase – with help from Summit Mortgage. More

April 17, 2019 | 6 minute read

The Top 5 Challenges of Second-time Homebuyers

They say practice makes perfect. So you would think that buying a second home would be easier than buying the first. Well, not necessarily. While it’s true that you might have more insight into the process and have a better idea of what to expect, second-time homebuyers ... More

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