An increasing number of Canadians are investing in vacation properties for relaxation, wealth-building, and quality family time. Mortgage options are now accessible with competitive rates, even for non-winterized or remote locations such as lake cottages or college housing. However, vacation and secondary homes have different lending criteria compared to primary residences, often requiring down payments ranging from 5% to 20% or more depending on the property type and accessibility. Seasonal cottages may face higher rates and stricter requirements. Financing can include mortgage refinancing, HELOCs, or reverse mortgages, supported by innovative Canadian tools for streamlined accuracy. Contact us for detailed information and quick pre-approval.