Second Home Mortgage

If you're considering getting a second home mortgage, you should know that it's going to be a little bit harder to do in this economy.

It's always been a more difficult thing to do, of course, because if you're getting a second home mortgage, you are going to be spending more than someone who's just getting a first home mortgage.

A second home mortgage is going to run between a quarter and a half point higher in interest than that for your first residence. That's true of origination points, too.