In the market for a second home? Southern Trust has you covered.

Buying a second home is a great option for owners looking to add additional flexibility. These properties can be used as a rental property, a vacation home, and more. Make sure to speak with a Southern Trust Loan officer to discuss your financing options.

Key Features of Second Homes

Mortgage Interest is Tax Deductable

One advantage of getting a second home mortgage is that you may be able to use the mortgage interest as a tax deduction. Make sure to consult your Certified Public Accountant.

No Need To Make Reservations

Choose to purchase a second home in one of your favorite locations and never book a reservation again! You can visit frequently and have your own place to stay.

Financing is More Lenient

You generally only need to put as little as 10% down when purchasing a second home and your interest can be similar to that of an owner-occupied home.

Additional benefits of a second home loan

Retirement Preparation

Purchasing a second home in a location that you love and choose to visit often can prepare you for retirement years down the line. This is a great opportunity to have a “trial run,” giving you the chance to create friendships and get involved with the community to make sure it is where you want to spend your golden years.

Location can be key

After the housing crash in the first decade of the 21st century, some people shied away from investing in real estate, especially second homes. However, if you are buying in an area that retains popularity, there’s no reason to think that your second home won’t appreciate over time. The benefits of owning a second home in a resort location can outweigh even a modest amount of appreciation.

Why trust Southern Trust with your home financing?

Founded in 1998, Southern Trust Mortgage is a full-service mortgage lender. We offer diverse mortgage products designed to meet any home financing need. Our continued success is a result of the outstanding customer service we offer our clients and business partners. All of our loans are expedited through local processing, underwriting, and closing agents. Our industry-leading service truly sets Southern Trust Mortgage apart.

In business since 1998

Very competitive interest rates

Over 65,000 loans closed

In-house underwriting, processing and funding

Licensed and experienced mortgage loan officers.

Focused on developing relationships and trust.