I'm buying a vacation home in Tahoe, do I have to put 30 percent down since I am not a first time homebuyer?

You can do as a second home or investment. Call me to discuss and you need minimum 20% down to do as investment and less as a 2nd home.

2nd Homes / Vacation Homes do not require 30% down however it is recommended to put 20% down if possible to avoid paying the monthly mortgage insurance premiums. you can purchase a 2nd home with as little as 10% down depending on the purchase price and fico score. if you need any help with your mortgage financing please feel free to visit us online www.crestico.com

Most lenders will require 20%, with a handful allowing 10% down, however you will pay mortgage insurance if you put less than 20%.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com

Depending on various specifics of yours and the property, you should be able to get by with 20% down, possibly less. Find a local lender on this forum that can help you determine your options. I only lend in NM where I am licensed.

You can put 20% and do a convential loan. Please call me with any questions

20% down or more would be best so that you do not pay PMI but you can do as low as 5% down.

You can purchase the home as a second home with 20 percent down. 20 percent down is ideal, so you will not be required to pay for mortgage insurance.

You can put down as little as 10% down if this is a second home. It doesnt matter if your a first time homebuyer or not.

20 percent should work

As a second home you can put as little as 10% down ! If it is an investment property you can put as little as 15% down . this is based on a 700 mid score and that your debt to income is 45% or below.