Vacation & Investment Property Financing
Whether you are needing a getaway home in the mountains or on the beach, or wanting to create additional income opportunities, Colonial has the right products for your Second Home/Vacation and Investment Properties. Contact one of our loan officers today for complete details.
Vacation Property Financing/Second Homes
- One unit financed up to 90% Loan-to-Value (LTV)*
- 6-10 financed properties allowed
- Fixed and Adjustable rate loans available
- No pre-payment penalties
- Must meet reserve requirements
Investment Property Financing
- One unit financed up to 85% LTV
- 6-10 financed properties allowed
- Fixed and Adjustable rate loans available
- No Pre-Payment Penalties
- Must Meet Reserve Requirements
*Subject to closing cost limitations imposed by Federal law.