A large share of homes in Summit County are second homes: ski condos in Keystone and Breckenridge, cabins near Dillon Reservoir, and family getaways in Frisco and Silverthorne. Financing a second home is a little different from financing the home you live in, and the details matter when you’re buying in a resort area.
What lenders consider a second home
- You’ll use it for part of the year, and it’s suitable for year-round use.
- It’s not under a rental-management agreement that gives someone else control of occupancy.
- Lenders may look at its distance from your primary home.
If you plan to rent the home out regularly, lenders may treat it as an investment property instead. Being upfront about your plans helps us match you with the right program.
Second homes and Summit County loan limits
In 2026, Summit County’s one-unit conforming loan limit is $1,092,500. Loans above that amount are jumbo loans. Learn more on our jumbo loans page and our 2026 Summit County loan limits guide.
Condos and second homes
Many second homes here are condos, and condo projects with heavy rental activity or hotel-style services may be non-warrantable. See our non-warrantable condo guide.
Common questions
Can I rent my second home occasionally?
Lender rules differ on occasional rentals. Tell us how you plan to use the home and we’ll find a program that fits.
Can I use a VA or FHA loan for a second home?
No. VA and FHA loans are for primary residences.
Can I buy a second home before selling my current home?
Often, yes, if you qualify with both housing payments. We’ll review your full picture.
Talk with Athena Damianos about your Summit County loan or learn more about Athena.
Luna Lending, Inc. NMLS #2032089 | Athena Damianos NMLS #2092623 | 610 Main St, Suite 11, Office B, Frisco, CO 80443. Equal Housing Opportunity. This is not a commitment to lend. All loans are subject to credit approval, property review and program guidelines, which can change without notice.