An increasing number of Canadians are investing in vacation properties, seeing them as a way to relax, build wealth, and create lasting family memories. Accessible mortgages with low rates are available for vacation properties, even those that are non-winterized or in remote locations. Different lending criteria apply to second or third homes compared to primary residences, with some vacation homes qualifying for a minimum 5% or 10% down payment while others require 20% or higher. Different types of cottages have varying requirements, with certain categories requiring higher down payments and receiving higher rates. Mortgage options depend on the property type, whether it is categorized as year-round accessible or seasonal, and down payments can be incorporated through mortgage refinancing, HELOC, or reverse mortgage. Canadians can access innovative tools for a streamlined and accurate mortgage application process, reaching out for complete information and a quick mortgage pre-approval.