Seasonal Property Mortgages
Let CCB help you fund your seasonal retreat! Our seasonal property mortgage is perfect for those seeking to purchase, or access equity, for a seasonal vacation home.
The Details You’ll Need
- Seasonal mortgages are available for purchase or refinance of a seasonal home property
- Property must have electricity and plumbing in place
- Down payments available for as little as 30%, based on additional qualifying information
- 15-year fixed rate option available for qualified customers
What You’ll Need for Us to Proceed
Once we receive your completed mortgage application, including the items listed below (if required), we will begin to process it right away. This mortgage checklist will help you identify the items you will need to provide.
- Signed application
- Your most recent pay stubs covering a 30-day period
- Signed copies of your last 2 years Federal Income Tax returns with all schedules and W2 forms
- A copy of your last mortgage statement (if applicable)
- A copy of the property deed
- Last year’s paid property tax receipts and any receipts for taxes paid year-to-date
- A copy of your 40/40 lease (if applicable) along with the receipt of paid lease
- A copy of your title search / abstract of title
- Proof of Homeowners Insurance
- Purchase agreement or building contract