How Mortgage Rates Differ for Condotels and Vacation Properties
Condotel loans can run 1–2 points above standard rates, while vacation homes add 0.50–0.75 points—gaps that cost tens of thousands over a 30-year term.
Tag condotel mortgage
Condotel loans can run 1–2 points above standard rates, while vacation homes add 0.50–0.75 points—gaps that cost tens of thousands over a 30-year term.