Increase your current mortgage to receive a lump sum of cash for the new deposit.
Use your primary residence as additional security for the new loan, combining both properties under one lending structure. 2. Guarantor Loans how to buy a vacation home with no money down
If you already own a home, you can use its "usable equity"—typically up to 80% of its current market value minus your outstanding loan—to fund the deposit for a vacation home. Increase your current mortgage to receive a lump
Access a flexible line of credit against your home to pay for the vacation property. how to buy a vacation home with no money down