Second Home Financing

Second Home Second Home

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.

NMLS# 583215