20% Down For Your Second Home?

🤔 You often hear that for your second home, you need 20% down — but what actually counts as a "second home"? 🏡🏡

📊 Here's the truth:

💰 For 20% down, that second home would need to be a rental property. 🏘️

🔑 But if you're going to be living in that home — simply moving from one home to the next — all you really need is 5% down (depending on your mortgage qualifications, of course). ✨

📈 So as you're planning that next move, don't feel like you need to save up 20% 💸 — especially when you're moving up in the housing world, that can feel like a very daunting task. 😩

🙌 The right strategy makes all the difference.

💬 Ready to make your next move? DM us 📩 and let's map out your path forward. ✨