Second Home & Recreational Land
Dreaming about owning a home near your favorite vacation destination or a second home near family? Whether you've found your dream home, are in the market for a vacation or second home or are planning for the future, Royal Bank offers lending options to help make your dreams a reality. We offer highly competitive rates and flexible terms to meet your financial goals.
Benefits of owning a second or vacation home:
- Potential to increase in value, creating a long-term asset for you and your family
- A convenient getaway
- Possible tax-deductible interest
Considerations when researching a second or vacation home:
- Talk with locals to get a feel for the neighborhood
- Research restaurants, grocery stores, shopping and entertainment
- If you plan to allow visitors, research the rules in your community as some areas discourage regular vacation rentals or visitors
- Assess your long-term goals and make sure the home and location meet those goals
Purchasing recreational land:
One of the many benefits of living in or visiting Wisconsin is the rich landscape that surrounds us. Whether you're looking for a couple of acres or a couple hundred acres, Royal Bank can help fulfill your dream of owning a piece of Wisconsin's beauty. Ask about a Royal Bank land loan for:
- Hunting and fishing
- Hiking, biking and exploring
- Investment property
Our team of experienced lenders take the time to understand your goals, talk through available options and work together to find the best fit for you. In addition, decisions are made locally so your financial information stays local and decisions are made fast.