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Second or Seasonal Property Mortgages

Turn your perfect getaway into an investment.

Invest in your future while enjoying the present

Thinking about a second home? It could be one of your best decisions yet and a smart investment that gives you your very own getaway spot to enjoy whenever you like. It could even bring in some extra income.

Features

House

Purchase or refinance

Whether you’re buying a new home or looking to refinance, we’re here to help you get the best deal.

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Customize your rate

Choose the rate plan that fits your lifestyle– whether you prefer the stability of a fixed rate or the flexibility of an adjustable one, we’ve got you covered.

Second Home Mortgage Rates

Type

Term1,2

Rate

APR

Rates effective 02/08/2025

APR = Annual Percentage Rate. Rates can vary according to individual loan situations. Rates and lock periods are subject to change. The payment amount may be higher if escrows for property taxes, homeowner’s insurance, or mortgage insurance are applicable. Payment examples do not include amounts for taxes and insurance premiums and actual payment obligation may be greater than illustrated.

Adjustable Rate Mortgages (ARMs) begin with a fixed rate and adjust upward or downward after the initial fixed term. ARM products contain two numbers. The first number refers to
the number of years the interest rate at closing remains fixed. The second number is the number of years between interest rate changes after the initial fixed term expires.

Type

Fixed-Rate

Term1,2

30 Years

Rate

6.750%

APR

6.900%

Type

Fixed-Rate

Term1,2

20 Years

Rate

7.000%

APR

7.198%

Type

Fixed-Rate

Term1,2

15 Years

Rate

7.000%

APR

7.246%

Type

Fixed-Rate

Term1,2

10 Years, 25-Year Amortization

Rate

7.375%

APR

7.419%

Type

3/1 ARM

Term1,2

15 Years

Rate

5.250%

APR

5.295%

Type

5/1 ARM

Term1,2

15 Years

Rate

5.500%

APR

5.545%

Type

7/1 ARM

Term1,2

15 Years

Rate

6.250%

APR

6.296%

Meet with our

mortgage team

We’ll help you get the financing you need for your second or seasonal property.

Talk to an expert EastRise CU Stamp

Disclosures

1.
  • APR = annual percentage rate. Payment examples do not include amounts for taxes and insurance premiums and actual payment obligation may be greater than illustrated.

2.
  • APR = annual percentage rate. Fixed rate mortgage payment example: A fixed rate loan of $180,000 for 30 years at a 5.750% interest and an APR of 5.786% is a $1,050.43 monthly payment. Adjustable rate mortgage payment example: The adjustable rate mortgage is a variable rate loan; interest rates and payments may increase after the original fixed-rate period. Your interest rates and payments may increase after the original fixed-rate period. A loan for $180,000 at a 5.625% initial interest rate and APR of 6.48%, subject to increase, will have the following monthly payment: 300 payments of $1,178.22 at an interest rate of 7.00% based on the current index plus a margin.