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Seasonal Cabin Loans

Northern Minnesota and Northern Wisconsin are full of of lake cabins and small, seasonal cabins in the woods. Three-season cabins can be primitive and rustic, homey, cozy, and full of charm, or anything in between, and they’re often more affordable than larger year-round cabins. This can make them a great option to buy for family summer vacations or weekend trips. 

Loans for Seasonal Cabins

If you have your eye on a seasonal vacation property for sale, Northview Bank is your best choice for financing.

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How Can I Finance a Three-Season Cabin?

A three-season, or seasonal, cabin is defined as one that cannot be used year-round. Three-season cabins can be difficult to finance—if you’re not working with Northview Bank. 

What Kind of Loan Can I Get for a Seasonal Cabin?

In order to get a government-backed loan for a vacation home, it must have water, sewer, a full bath and full kitchen, one bedroom with a closet, and a full central heating system. But what if you have your eye on a great little cabin that does not meet those requirements? 

That’s where you’ll truly appreciate the flexibility and full-service approach Northview Bank takes with lending. We always work with borrowers to find the most attractive program available for the borrower based on the property type. 

Here’s a common example: We have an applicant who applies for a conventional loan that would be sold to a government-backed agency and serviced by Northview. When the appraisal comes back, the property is missing one factor to make it a qualifying secondary property. 

If you’re banking somewhere else, the process ends there, and you have to switch from a mortgage broker to a local bank—but at Northview we can easily switch it over to an in-house program. Northview Bank’s range of lending options creates alternatives to keep your loan and dream moving forward with no extra effort. 

Loans to Upgrade a Seasonal Cabin 

Often when people buy a three-season cabin they plan to convert it to a year-round property. This may be as easy as adding a central heating system, insulation, or a closet. That would make it a year-round cabin and qualify it for a conventional mortgage, which would be to your advantage. But how can you do that before you lock in your loan?

Northview Bank offers programs that pair a purchase and construction loan with a conventional loan that would be closed upon completion of the small construction project. We qualify the borrower for both loans up front and work with them during the construction project so they will be able to close quickly upon completion on a long-term, fixed rate conventional mortgage.

Seasonal Cabin Financing Starts Here

Many borrowers wonder if a cabin will qualify for conventional financing. Northview Bank is willing to work with borrowers directly to give them an idea of programs, rates, and terms available to them for specific types of properties. 

If you’re ready to get started on this great adventure, click here to prequalify for a seasonal cabin through Northview Bank.

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Jeremy Byers

VP, Branch Manager/Loan Officer

Specialty: Home Purchases, Home Refinances, Second Home Loans, Construction Loans, Manufactured Home Financing, Seasonal Cabin Financing, Land Financing, Lake Lot Financing

Contact Jeremy

Keith Skelton

VP/Loan Officer

Specialty: Conventional Home Financing, Seasonal Home Financing, Manufactured Home Financing, Land Financing, Construction Financing

Contact Keith

Paul Troskey

Vice President/Market Manager

Specialty: Business Lending

Contact Paul

Tom Willie

Loan Officer

Specialty: Home Purchases, Home Refinances, Conventional, FHA, VA, USDA, Construction Loans, Seasonal Cabin Financing, Land Financing, Lake Lot Financing, Consumer Financing

Contact Tom

Judy Nelson

VP/Branch Manager - Askov Office

Specialty: Consumer loans, Land Loans, Home Equity Mortgages, In-House ARM Mortgages

Contact Judy

Kate Nummela

Branch Manager/Loan Officer

Specialty: Conventional Home Financing, Seasonal Home Financing, Manufactured, Home Financing, Land Financing

Contact Kate

Shelly Lough

Vice President – Loan Officer

Specialty: Consumer Lending

Contact Shelly

Karen Raitanen

VP, Branch Manager/Loan Officer

Specialty: Land and Lake Lot Financing, Home Equity Loans, Personal Lending, & Business Loans

Contact Karen

Nancy Clark

Vice President

Specialty: Vacation Property, Home Purchase & Refinance, Home Equity, Personal/Consumer, Business Loans.

Contact Nancy

Bev Swenson

Branch Manager

Specialty: Consumer Lending Land Financing

Contact Bev

Traver Gahler

Vice President/Branch Manager

Specialty: Home Purchases, Home Refinances, Construction Loans, Seasonal Cabin Financing, Land Financing, Lake Lot Financing

Contact Traver

Debra Stadin

VP/Branch Manager Kerrick Office

Specialty: Consumer Lending

Contact Debra

Kyle Shepherd

Vice President – Loan Officer

Specialty: First Time Home Buyers, USDA – Rural Development Loans, FHA, New Construction Loans, Land Loans, Home Equity Loans, Manufactured Homes

Contact Kyle

Chad Johnsen

Vice President/Branch Manager

Specialty: Home Purchases, Home Refinances, Construction Loans, Land Financing, Lake lot Financing & Seasonal Cabin Financing

Contact Chad

Bill Loew

Executive Vice President

Specialty: Business, Agricultural

Contact Bill

Carrie Conner

Vice President - Loan Officer

Specialty: USDA RD, VA, FHA & Conventional

Contact Carrie