Vacation Home Financing

Whether you’re purchasing your vacation dream home or you’re investing in a vacation property for rental income — you’ve come to the right place!

Sprout Mortgage is a leader in vacation home financing.

The vacation home you invest in today can become your eventual retirement dream home in that special location you know and love. That’s why vacation home buyers rely on Sprout Mortgage to make it happen.

We also provide financing for vacation rental property purchases. Real estate investors rely on Sprout for quick, easy, streamlined approvals of vacation rental property purchases.

Sprout offers flexible financing options:

Bank Statement Loan

If you’re self-employed you can apply for a Bank Statement Loan to qualify based on your bank account balances — so you won’t be asked to submit documents you don’t have. No W-2 or tax return required. To qualify, Sprout will look at your credit score and use a proportion of the revenue shown on the last12 months of your bank statements as a measure of income. (660 minimum credit score required.)

Asset Depletion Loan

Ideal for people with more assets than income, including retirees and high net worth individuals, the Asset Depletion Loan uses your assets and credit score for qualification. Sprout will examine your savings account balances, investments,401(K) and other retirement accounts. (660 minimum credit score required.)

Full Doc Loan

Sprout Mortgage also provides a Full Doc Loan option with standard qualifying criteria, including a credit score, W-2, and tax returns. Our Full Doc Loans feature great rates and a streamlined application process.

‍