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Quick Tip Tuesday – Financing a Cabin or Vacation Home

Quick Tip Tuesday – Financing a Cabin or Vacation Home

 QUICK TIP TUESDAY: Financing a cabin or vacation home looks different than financing a primary residence.  

Some things to keep in mind:

1) Underwriters have to follow the guidelines for what qualifies as a vacation home

  • using for your own personal enjoyment, 
  • short-term rentals are ok but not under a property management contract

2) They will check your debt to income ratio

3) More money down (closer to 20%)

4) Higher mortgage rate

We STRONGLY recommend working with a local mortgage broker, someone who has a variety of products to offer you (not just what one bank can offer).  We have a fabulous recommendation if you need one!


Truen Group agents are experts in the western Wisconsin & Minnesota lakes area. Many own their own cabins and are extremely familiar with lakes, locations, and communities. They will go to bat for you in this competitive market. Are you thinking of buying a cabin? Need some expert advice. Call or DM us today! ☎ 651.867.3225


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