  Now you can purchase a 2nd Home/Vacation Home with No Down Payment! If you've ever dreamed about owning a vacation property outside of town, First Fidelity Centers and its unmatched team of professionals can turn this dream into a reality. And best of all, the terms are extremely flexible with many reduced documentation programs available.
Why is the $0 Down "2nd Home" sample payment lower than the $0 Down "Investment Property" sample payment? Because a "2nd Home" is different than an "Investment Property" based around the owner's intended PURPOSE for the property.
If the property is located more than 50 miles from the owner's Primary Residence, has only 1 unit and will be used for recreational purposes by the owner, then it is considered a "2nd Home" with better rates and more flexible terms. If, however, the property has 2-4 units or will be rented out to tenants, then the terms are slightly inferior as it is then considered an "Investment Property."
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$0 Down - Purchase Loans
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