If you are looking to purchase a second home or want to refinance to lower your payment on your second home, GTE Financial offers the 15 Year Fixed Second Home mortgage.
15 Year Fixed Second Home
15 Year Fixed for a Second Home
Features & Benefits
Best Choice If:
- You want to purchase a Second Home.
- You are looking to refinance a Second Home.
- You think rates will increase.
- You don’t expect your income to increase significantly over the coming years.
- Although you end up paying more in interest over the life of the loan, this loan is ideal if you value a stable, consistent payment.
An example APR for a 15 Year Fixed Second Home loan is 4.401%. An example monthly mortgage payment of principal and interest is $752. The example quotes are based on a property value of $200,000 and a loan amount of $100,000 for 1st mortgage. The Annual Percentage Rates (APR) stated is an estimate and is intended for informational use only. Your actual APR may vary based on your actual loan amount. Sample payment reflected does not include property taxes or property insurance. Please speak with a Loan Executive for additional information about our rates and fees. Rates are subject to change without notice. Your actual rate and/or points may be different, as many factors are evaluated for a loan approval. This product is subject to change or cancellation at any time without prior notice. All loans are subject to approval.