Please update your browser.Second home and investment property loans
Let's make your second home or rental a reality
Start onlineCheck the list. Define your loan.
The questions below can help guide you to the right loan to meet your needs.
What's a smart choice for your home away from home?
There’s more than one reason for a second home. It may be your refuge to relax or a condo for convenience. See if your plans qualify and explore a variety of options and benefits.
What qualifies as a second home?
- Must be lived in by the owner for some part of the year
- Must be a one-unit home that can be used year-round
- Belongs only to the buyer
- Is not to be rented or run by a management company
Loan options:
- Fixed and adjustable rates
- Conventional conforming mortgages
- Jumbo mortgages (including interest-only) up to $9.5 million
- Down payments starting at 15% depending on loan size, property type and credit score
Additional benefits with Chase:
- $20,000 Chase Closing Guarantee, if you qualify.
For a limited time offer from April 2nd - July 27th, 2024. We promise an on-time closing for eligible products in as soon as three weeks or you'll get $20,000, if you qualify.
To be eligible for the $20,000 Closing Guarantee: loan application, fully executed sale/purchase contract, and additional required documentation must be submitted by July 27th.
- Gift funds allowed as down payment on some loans
- Relationship Pricing Program including reduced interest rates and lower fees
Your income opportunity starts with knowing your options
Extra income, adding to your nest egg or paving the way for your family’s ongoing success? There are many finance scenarios to consider when you’re planning to buy an investment property, and we can help you achieve your goal.
What qualifies as a rental property?
- Can be up to four units
- Can be run by a rental or management company
- Does not have to be lived in by the owner during any part of the year
- Condos are available for investment properties in Agency space. Not available for Non-Agency.
- Co-ops are not allowed in either Agency or Non-Agency.
Loan options:
- Fixed- and adjustable-rate
- Conventional conforming mortgages
- Jumbo fixed-rate and adjustable-rate mortgages
- Loans up to $9.5 million
- Down payments starting at 20% depending on loan size, property type and credit score.
Please note that cash-out refinancing not available for some loan types
Additional benefits with Chase
- $20,000 Chase Closing Guarantee, if you qualify.
For a limited time offer from April 2nd - July 27th, 2024. We promise an on-time closing for eligible products in as soon as three weeks or you'll get $20,000, if you qualify.
To be eligible for the $20,000 Closing Guarantee: loan application, fully executed sale/purchase contract, and additional required documentation must be submitted by July 27th.
- Relationship Pricing Program including reduced interest rates and lower fees
The Ultimate Guide to Investment Property
Buying an investment home is an exciting opportunity for an additional stream of income, but there is a lot to consider. Our ultimate guide for investment properties is filled with tips, tools and resources to understand the process from getting financing to closing on your new home.
Get some real-world perspectives
These videos give you some quick tips and viewpoints from actual second-property owners, lenders and real estate agents.
Investment property
Weigh the benefits and risks before buying an investment property.
Vacation home
Make sure a potential vacation home meets your personal and investment needs.
Try our home value estimator
Get an estimated market value of the home you're interested in purchasing. Just enter the address and choose "Get Value."
