2020 Mortgage Trends

SECOND HOME GUIDELINE UPDATES
– Secondary homes no longer require a distance of at least 50 miles.
– Also, second homes no longer require to be a “resort area.”

THE TREND
– Homeowners in the suburbs are opting to purchase a second home in the city; this affords the ability to be closer to either work or downtown life.

SIBCY CLINE MORTGAGE SERVICES CAN HELP!
– With as little as 10% down and rates are very similar to primary residential rates, a second home can be very affordable.
– Using our equity conversion strategy, buyers can utilize equity from their primary residence for the down payment!

Ginny Foster
Mortgage Consultant – South Dayton & Northern Cincinnati
Sibcy Cline Inc. & Affiliated Companies
NMLS# 446140 / OH.MLO.054053.000
Cell (937) 475-5711 Send me a Text Message!

gfoster@sibcycline.com