Vacation Home Loans

Vacation Home Loans Made Simple

Julie Larsen Wyss offers an array of vacation home loans that can help you when you’re setting up that perfect second home for recreation, retirement, or just a quiet escape from your every day routine. She offers the vacation home financing options that you are looking for – and makes it easy to find out just which one will work best for you and your particular situation.

Need Vacation Home Financing?

I know that you’re busy – and that you don’t want to spend time researching vacation home mortgages. I simply remove the hassle by doing all of the research on these special loans for you and present you with options that suit your lifestyle and budget. I value my clients and always have their best interest at heart – I want you to be comfortable and happy with your decision for years to come.

Why Get Pre-Approved?

The first thing you need to do is get pre-approved. This is different from Pre-qualifying, as it is a full loan approval instead of simply an opinion letter. It is best that you take this step before looking at homes. Finding out what you qualify for will help you look in the right price range. You would be disappointed if you found a home you liked and then found you couldn't qualify for it. By the same token, you may be able to look at more expensive homes than you originally thought possible. Getting pre-approved will help you in the following ways:

Determine How Much Home You Can Afford
Julie Larsen Wyss will determine your purchasing power, which gives you a guideline as to how much home you can afford – before you start looking. I will show you a variety of different types of financing, and will determine how much you qualify for under each scenario. Based on your desired payment level and type of financing with which you feel comfortable, and determine your purchasing power.

Know What Your Monthly Payment Will Be
Before picking a price range, you should make sure that you can handle your total monthly payment: Principal, Interest, Taxes, Insurance (Mortgage Insurance and HOA dues, if necessary). This is where the “Team” from Vista Mortgage Solutions comes into play!

Turns You Into a Cash Buyer
In today's market, buyers are not the only parties concerned about financing. Sellers are equally concerned. In cases where there are multiple offers for homes, the buyers must put themselves in the best possible position to have their offers accepted. Getting pre-approved also puts the buyer into a better negotiating position, as the seller knows the buyer is ready, willing, and able to buy, and the financing is not in question. Those buyers who are not pre-approved will have less chance of obtaining an accepted offer on the house they wish to buy, and are therefore at a disadvantage.