Buying A Second Primary Residence May 2026

Must be occupied for the majority of the year.

Include travel, utilities, and local maintenance. buying a second primary residence

Second homes often require higher "hazard" or flood coverage. Must be occupied for the majority of the year

Prove you can cover both mortgages for 6 months. Mortgage Classifications buying a second primary residence

Lenders categorize homes based on your intent. This affects your interest rate: Must be lived in for part of the year.

Check local HOA rules on short-term rentals.