VACATION HOME

A "Vacation Home" is a home suitable for year-round occupancy located in an area with resort-like amenities that is normally more than 100 miles from your primary residence and location of your employment. A vacation home is for your exclusive use and is not "rented-out" at any time during the year.

Mackinac Savings Bank offers a number of financing options for vacation homes:

Programs

  • Conventional
  • Non-Conforming
  • Portfolio

Products

  • Fixed rate
  • Adjustable Rates

Product Types

  • Purchase money
  • Refinance for rate & term
  • Refinance for cash-out

 

Income Qualifications

  • Full documentation

All terms are subject to change at any time without notice.