Now that we are in a seller’s market and often have multiple offers within a few days on new listings, it is important for buyers to select the right mortgage professional and get pre-qualified before they start looking for a property. They will then be able to act immediately when they find the right property. This is as important a decision as selecting the right Real Estate agent. You want to select someone that you like, who knows and understands our market and someone you are comfortable working with. In our unique market, you want to have a mortgage professional that works with a variety of lenders that are familiar with the differences between our vacation property market and a residential market in another area. For example, you do not want a lender who uses an appraiser from out of the area who is not knowledgeable of local property values. Also, some lenders may not be willing to loan on the type of property that you have selected.
Click on the links below for a list of lenders that are familiar with and have experience with the type of vacation property you have selected in our market.