Buying a vacation home is an exciting investment, but when it comes to financing it, there are several factors to consider. One option to consider is a no-doc mortgage, which is designed for borrowers who cannot provide traditional income verification documents. Here are some points to consider when choosing a no-doc mortgage for a vacation home:
Interest rates and fees: No-doc mortgages typically come with higher interest rates and fees than traditional mortgages, as they are considered higher risk. It is important to carefully rev...
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