Second Homes/Investment Properties

While Community Bankers Mortgage takes great pride in helping families achieve their dream of homeownership, we hang our hat on the fact that our customers come back to us for their next home purchase, vacation homes and investment property financing.

Vacation Property Financing

  • One unit financed at 90% LTV

  • The maximum LTV for a one unit investment property is 85% and two to four units is 75%

  • More than four financed properties but less than ten financed properties financed at 70% LTV

  • 15 to 30-year fixed rate available

  • No pre-payment penalties

  • Must meet reserve requirements

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© Copyright 1997-2023 Community Bankers Mortgage, a division of Colonial Savings, F.A. NMLS 401285. All Rights Reserved. Rates and terms subject to change without notice. This is not a firm offer or notice of pre-approval. All applicants are assessed following a completed application and request for credit. All loans subject to underwriting and credit approval.

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