Loan Program
Second Home Financing in California
Buying a vacation place or part‑time residence in California? Second‑home financing has its own guidelines, separate from primary and investment loans.
Second‑home (vacation home) financing is for a property you'll use part of the year, not as a rental business. It typically follows different occupancy and down‑payment guidelines than primary or investment loans.
We help organize your scenario so a licensed professional can review whether a second‑home or investment structure fits your plans.
Who it's for
- Buyers purchasing a California vacation or getaway home
- Owners refinancing an existing second home
- Borrowers splitting time between residences
What's typically reviewed
- Intended use and occupancy
- Down payment or equity
- Credit and income
- Property type and location
Why borrowers choose it
- Financing tailored to part‑time residences
- Conventional and jumbo options where eligible
- Guidance on second‑home vs. investment structure
FAQ
Second Home Financing — common questions
What's the difference between a second home and an investment property?
A second home is for personal part‑time use; an investment property is held to generate rental income. They follow different guidelines, which a licensed professional can explain.
How much down payment for a second home?
It varies by program and credit. We help organize the numbers so options can be reviewed.
Can I rent out my second home?
Occupancy rules differ by program; significant rental use may make it an investment property. A licensed professional can review your plans.
Explore other California loan programs
Jumbo Loans
Financing above conforming limits for California's higher‑value homes.
Learn moreHigh‑Balance Conforming
Above the baseline limit but within your county's high‑cost ceiling.
Learn moreFHA Loans
Government‑backed financing with flexible qualifying and a low down payment.
Learn moreVA Loans
$0‑down options and no monthly mortgage insurance for eligible veterans.
Learn moreDSCR Investor Loans
Qualify an investment property using rental cash flow — not personal income.
Learn moreBank Statement Loans
Use bank deposits to document income — built for self‑employed borrowers.
Learn moreSelf‑Employed Mortgage
Bank statement, 1099, P&L, and Non‑QM paths for complex income.
Learn moreConventional Loans
A common path for primary homes, second homes, and investment properties.
Learn moreCash‑Out Refinance
Access home equity for renovations, investing, or consolidation.
Learn moreNon‑QM Loans
Flexible programs for unique income, credit, or property scenarios.
Learn moreCondo Financing
Condo‑specific guidelines for California condominium purchases and refinances.
Learn moreSee Which Program Fits Your Scenario
Start with your situation — a few simple questions, then a licensed mortgage professional can review the right path.
This information is for educational purposes only and is not a loan approval, loan commitment, or rate quote. Program availability, terms, and eligibility are subject to review and approval by a licensed mortgage professional.