Second Home Financing
Considering purchasing a home by the lake or at the coast? Randolph-Brooks has the loan for you.
- Low down payment – put as little as 10 percent down
- Low closing costs
- Term options up to 15 years
- Can pay a discount point to reduce rate
- Automatic 60-day rate lock, once a specific property has been identified
- Choose the payment option that best fits your budget – select from monthly, biweekly, or semimonthly payments
- No prepayment penalties
- Arrange for automatic payment
Loans subject to credit approval. Rates and terms subject to change without notice. RBFCU mortgage loans are available only on property in Texas.
A second mortgage (piggyback) may be required if down payment is less than 20 percent. Piggyback financing is subject to additional qualifications.
Lender licensed by the National Mortgage Licensing System under registration number 583215.