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
- 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.