You have returned every year to your favorite vacation area, and have finally decided to buy a second home in the special place where you enjoy your holidays. It is an excellent time to apply for a mortgage loan to make your purchase.

The climate for second home mortgages is the most favorable in years. Low interest rates and a recovering economy have attracted more buyers than ever before to purchase a second home for investment and vacation purposes. Many homeowners with a strong credit history have been able to qualify for a home equity loan at excellent rates, and have used their equity cash for down payment and closing costs on a second home.

Lending institutions are offering a wide range of affordable home loans. The rule of thumb is that a buyer can qualify for a loan amount based on 28 percent of their gross income. Often repeat buyers discover that they can borrow more than they assumed possible.

If you wish to take advantage of today's reasonable interest rates to purchase a second home, consult a real estate professional who can help to make your dream a reality.

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Gina Donnelly
THE DONNELLY GROUP REAL ESTATE SERVICES
1256 W. Chandler Blvd. #19
Chandler, AZ 85224
Phone 1: 480-792-9700
Fax: 480-603-3603
ginadonnelly@NUMBER1EXPERT.com

Gina Donnelly is the Designated Broker for The Donnelly Group Real Estate Services and is one of the East Valley's top selling agents. She has sold dozens of homes in the area and knows the local amenities, schools and services. She is outgoing and energetic and champions her clients by defending and maintaining their best interests while pursuing their most ardent desires. This she does with a personal enthusiasm that comes from a real enjoyment of the real estate business. Her personal style though dynamic and outgoing is based on a foundation of trust. "We're dealing with a big financial and emotional investment," she says, "and I want my clients to have complete assurance regarding my character and abilities." "My experience allows you to focus on your move while I manage your home sale and everything it entails." From initial consultation to closing the deal, Gina represents your best interests. Her plan is for her clients to “ Come home in Style”