Learning Center · Updated 2025-01-15

Beach Home Financing Guide

How to structure financing for a Wrightsville, Carolina, Kure, or Topsail beach home, primary, second-home, or investment.

TL;DR

Occupancy intent drives the loan: primary, second home, or investment each have different down payments, rates, and rules.

Primary residence

Lowest down payment and best pricing, but you must actually live there.

Second home

10%+ down with limited rental allowed.

Investment / DSCR

Higher down payment, but qualify on rental income with DSCR.

Frequently asked questions

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Why the name Highland?

The Highland culture was historically proud, fiercely independent and rooted in important traditions of family, loyalty and conviction. Through 100% employee ownership and an unwavering belief in our team, Highland Mortgage exemplifies and embodies the spirit of this venerable culture. Put simply, trust equals behavior over time, a sincere credo that underscores our commitment to a life's work of advocating for our clients and each other.

Licensing Information

For licensing information, go to: NMLS Consumer Access

Boxcar Mortgage, LLC DBA Highland Mortgage
NMLS #1969375

404-850-0959

664 Seminole Ave NE, Suite #101
Atlanta, GA 30307

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