Baby Boomer Second Home Lender Expands Operations

America's First-Second Home (Condo Hotel) Lender

(PRWEB) October 23, 2005 -- Vacation Finance offers unique mortgage loan programs for condo hotel and second home purchasers.

"With no square footage or kitchen requirements, Vacation Finance has proven to be the leading lender in this new real estate niche" said Sharon Jacon, VP Florida Operations, "new hotel condo projects are being announced daily. It's a booming market."

Ms. Jacon joined the growing Vacation Finance team this week and brings 18 years of mortgage expertise.

"Baby Boomers need to consider other options in second home and retirement ownership, between rising prices and the myth of the 'wealth transfer' condo hotel and fractional ownership will be the choice of this generation." said Bob Waun, CEO Vacation Finance.

Vacation Finance will present at the RCI Leisure Real Estate Forum in Chicago Oct 24-26. The company just published a new report about Baby Boomer Wealth Myths, including the $100 Trillion Inheritance Myth. The report can be obtained at www.vacation-finance.com

"Over 78 million Baby Boomers will retire in the next 15 years, where will they want to live during retirement? More importantly, how will they afford to live where they want?" Waun claimed "creative ownership is a trend."

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