An increasing number of Canadians are investing in vacation properties for relaxation, wealth-building, and quality family time. Accessible mortgages with low rates are available for non-winterized or remote getaway homes, including options such as lake cottages or college housing. Different lending criteria apply to second or third homes compared to primary residences, with some vacation properties requiring a minimum 5% or 10% down payment while others may need 20% or more. Various types of cottages have differing requirements, such as higher down payments and rates. Mortgage options depend on the property type, categorized as year-round accessible or seasonal, with the ability to incorporate down payments through refinancing, HELOC, or reverse mortgage. Canadians have access to innovative tools for streamlined processes and accuracy, and can easily reach out for complete information and a quick mortgage pre-approval process.