An increasing number of Canadians are investing in vacation properties for relaxation, wealth-building, and family time. Accessible mortgages with competitive rates are available even for non-winterized or remote locations, though lending criteria differ from primary residences. Depending on the type of vacation or secondary home—such as lake cottages or college housing—down payments can vary from as low as 5% to 20% or more, with seasonal properties often requiring higher rates and down payments. Mortgage options also depend on whether the property is year-round accessible or seasonal. Buyers can leverage refinancing, HELOCs, or reverse mortgages for down payments. Innovative Canadian tools simplify the process, and expert guidance is available for quick pre-approval and detailed information.