How To Buy A Second House -

Your goals for the house will dictate where and what you buy:

: Aim for a minimum score of 620 , though many lenders prefer higher for competitive rates. how to buy a second house

: You can apply for a conventional loan for a second home or investment property. Note that interest rates are often higher for secondary residences. Your goals for the house will dictate where

: Work with an agent who understands the specific market you are entering, especially if it is in a different city or state. how to buy a second house

: Be prepared to put down 10% to 20% of the purchase price.