You have returned every year to your favorite vacation area, and have finally decided to buy a second home in the special place where you enjoy your holidays. It is an excellent time to apply for a mortgage loan to make your purchase.

The climate for second home mortgages is the most favorable in years. Low interest rates and a recovering economy have attracted more buyers than ever before to purchase a second home for investment and vacation purposes. Many homeowners with a strong credit history have been able to qualify for a home equity loan at excellent rates, and have used their equity cash for down payment and closing costs on a second home.

Lending institutions are offering a wide range of affordable home loans. The rule of thumb is that a buyer can qualify for a loan amount based on 28 percent of their gross income. Often repeat buyers discover that they can borrow more than they assumed possible.

If you wish to take advantage of today's reasonable interest rates to purchase a second home, consult a real estate professional who can help to make your dream a reality.

	See All Tips In The "Interest Rates" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Tammy Billings & Associates
RE/MAX Regency
403 Holiday Court
Warrenton, VA 20186
Toll-Free: 800-85-TAMMY (82669)
Direct: 540-341-0135
Fax: 540-937-5440
TammyBillings@NUMBER1EXPERT.com

For Tammy Billings, a native of the area, what matters most are the simple things in life - family, friends, nature and living a life that is true to who you are deep down inside. Tammy believes in going the extra mile to show you care about people and treating others the way you’d want to be treated. Tammy’s attitude and work ethic is what has lead her to be a leading Greater Piedmont Area associate broker with over two decades of experience. Tammy has earned a reputation for her strong business insights, tenacity and refreshing positive attitude. Her constantly expanding expertise in the industry, knowledge of current market trends and awareness of available inventory. However, what her clients appreciate most is that she listens to their individual needs and doesn't use a cookie-cutter approach to meeting them. Real Experiences generate Real Results and this is what Tammy creates for her clients. When you are ready to get Real about your move contact Tammy Billings at 800-85-TAMMY!

www.TammyBillings.com is brought to you by Tammy Billings & Associates
NUMBER1EXPERT™ in real estate for Culpeper, Rappahannock and Fauquier, Virginia, Country, Farms

Read Tammy Billings & Associates's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge