With the Seasonal/Camp Loan from Tompkins you can finance a property that is not suitable for year round occupancy due to:
- Ingress or egress issues (i.e. winter road is not maintained)
- No permanent heat source
- Lake water with UV treatment as primary source of water
- Shore well
- Other non-conforming property issues
Finance the purchase of your seasonal/camp property or refinance an existing loan on your property*.
*Cash back to borrower(s) is not permitted. Subject to credit approval, income and other qualifying guidelines. Owner occupied and 2nd homes eligible, must own primary property if second home. Minimum square footage of 600 sq. feet. Ineligible property types: 2-4 unit properties, single and double wide manufactured homes, condos, co-ops and townhomes. Check with a bank representative for details on eligible properties. Deposit and loan products are offered through Tompkins Community Bank, Member FDIC. Investments and insurance products are not FDIC insured, are not bank guaranteed, and may lose value. Tompkins Insurance is licensed to conduct insurance business in all 50 states.
Subject to credit approval, income, and other qualifying guidelines. Maximum term: 30 years. Terms on the no closing cost program subject to change without notice. Deposit and loan products are offered through Tompkins Community Bank, Member FDIC. Investments and insurance products are not FDIC insured, are not bank guaranteed, and may lose value. Tompkins Insurance is licensed to conduct insurance business in all 50 states.
