Requirements For Buying A Second Home -

: Your total monthly debt payments, including both mortgages, should ideally be 43% or lower .

: You must demonstrate enough liquid savings to cover two to six months of mortgage payments and expenses for both properties. Property & Residency Qualifications requirements for buying a second home

A "very good" score (740+) is often necessary to secure the most competitive interest rates. : Your total monthly debt payments, including both