More Canadians are investing in vacation properties to enjoy relaxation, build wealth, and create family memories. Accessible mortgage options with low rates are available for various types of vacation homes, including non-winterized or remote locations. Mortgage criteria for second or third homes differ from primary residences, with down payments ranging from as low as 5% to 20% or more, depending on the property type and its classification as seasonal or year-round accessible. Some cottages may require higher down payments and rates. Buyers can incorporate down payments through refinancing, HELOCs, or reverse mortgages. Innovative Canadian tools streamline the process, and expert guidance is available for comprehensive information and quick mortgage pre-approval.