A growing number of Canadians are choosing to invest in vacation properties as a way to relax, build wealth, and create lasting family memories. With accessible mortgages offering low rates for vacation properties, including non-winterized and remote locations, individuals can find the perfect financing option for a lake cottage or college housing. Different lending criteria exist for primary residences compared to second or third homes, with some properties requiring a minimum 5% or 10% down payment while others need 20% or more. Various types of cottages have different requirements, including higher down payments and rates. Mortgage options depend on the property type, whether it is classified as year-round accessible or seasonal, and down payments can be incorporated through mortgage refinancing, HELOC, or reverse mortgage options. Canadians can benefit from innovative tools that streamline the mortgage process and ensure accuracy, making it easy to obtain complete information and quick pre-approval.