Second Home Rates in Florida
Rates as of May 2026 · Mortgage Capital · NMLS# 1859012 · Licensed Florida mortgage broker
Second Home Loan rates in Florida currently run in the high-6% range for a 30-year fixed, and they price differently than other programs. Second-home rates sit between primary-residence and investment pricing, as long as the home is truly for personal use.
This page tracks second home loan pricing for buyers of vacation and seasonal Florida homes, who typically qualify with 10% down for many buyers. As a licensed Florida mortgage broker (NMLS# 1859012), we compare lenders to find the real rate for your scenario.
| Loan Product | Rate | APR | Points |
|---|---|---|---|
| 30-Year Fixed ★ | 6.875% | 6.943% | 0.5 |
| 15-Year Fixed | 6.250% | 6.338% | 0.5 |
| FHA 30-Year Fixed | 6.625% | 7.412% | 0.0 |
| VA 30-Year Fixed | 6.375% | 6.511% | 0.0 |
| USDA 30-Year Fixed | 6.500% | 7.089% | 0.0 |
| Jumbo 30-Year Fixed | 6.990% | 7.050% | 0.5 |
| 5/1 ARM | 6.125% | 6.887% | 0.0 |
| Cash-Out Refi 30-Yr | 7.125% | 7.210% | 0.5 |
Sample rates as of May 2026, for illustration only. Your actual rate depends on credit, down payment, loan amount, and program. Not a commitment to lend.
What sets Second Home Loan rates
Second-home rates sit between primary-residence and investment pricing, as long as the home is truly for personal use. That makes a direct rate comparison across programs misleading unless you also account for mortgage insurance, fees, and down payment.
For buyers of vacation and seasonal Florida homes, the headline rate is only part of the cost. We show you the full picture so you can compare a second home loan against your other options honestly.
Who a Second Home Loan fits
A second home loan is built for buyers of vacation and seasonal Florida homes. Qualifying usually means 10% down for many buyers, plus the credit and income documentation the program requires.
We confirm whether this program is genuinely your lowest-cost path or whether another loan would serve you better before you commit.
Locking your Second Home Loan rate
Once you are pre-approved and under contract, we lock your second home loan rate and manage the file to closing. We watch pricing daily and time the lock to the market.
Rates move with economic data and Fed policy, so the right lock window matters as much as the right lender.
Frequently asked questions
What are second home loan rates in Florida?
Second Home Loan rates in Florida are in the high-6% range for a 30-year fixed right now. Second-home rates sit between primary-residence and investment pricing, as long as the home is truly for personal use.
Who qualifies for a second home loan in Florida?
A second home loan is designed for buyers of vacation and seasonal Florida homes, typically with 10% down for many buyers. We confirm your eligibility quickly.
Is a second home loan my cheapest option?
Not always. The lowest headline rate is not always the lowest total cost once insurance and fees are counted. We compare every program for you.
How do I lock this rate?
After pre-approval and a signed contract, we lock your rate for 30 to 60 days and time it to the market.
Are you a licensed Florida broker?
Yes, Mortgage Capital, NMLS# 1859012, a licensed Florida mortgage broker serving all 67 counties.