Vacation Loans / Second Home Mortgage

Fill out the form below or call us today 251-301-8518 for more information, or start an application!

Local Bank Mortgage's Vacation-Second Home Mortgages offer a broad array of fixed, adjustable, and interest-only options. We work together with our clients to identify the ideal mortgage for your vacation home.

Get your Local Bank vacation home mortgage loan and make your dreams a reality - backyard barbeques and sunsets by the lake. Fun-filled relaxing fishing trips with children and grand children. Exciting family skiing vacations. A lifetime of memories.

How much can be approved with a Vacation Second Home Mortgage?

Depending on your income and expenses, you may qualify for a loan of $453,100 to $1.5 million.

Call Now

251-301-8518

We are committed to working with you to help make your vacation home mortgage dreams come true.

APPLY NOW!

The Diffrence

A second mortgage loan covers the costs of a second home, for example, a vacation home.
The result is that the borrower has two mortgages and two homes.
A home equity loan, on the other hand, allows the borrower to refinance their existing mortgage to get cash - or equity - out of their home. It's still one mortgage, but it's been refinanced.

FAQs

Why is it called a vacation home mortgage?

We call it a vacation home mortgage to eliminate the confusion between a second mortgage and a home equity loan.

Are interest-only vacation home mortgage rates available?

Yes! You can choose to pay a fixed, interest-only rate for a period of 10 years or 15 years with our interest-only vacation home mortgage.

For More Information

Local Bank Mortgage Alabama

1710 Main St. Daphne, Alabama 36526

(251) 301-8518