An increasing number of Canadians are investing in vacation properties to enjoy relaxation, build wealth, and create family memories. Accessible mortgages with competitive rates are available for various vacation homes, including non-winterized or remote locations like lake cottages and college housing. Lending criteria differ for second or third homes compared to primary residences, with down payments ranging from as low as 5-10% to 20% or more depending on property type and usage. Year-round accessible homes often have different requirements than seasonal cottages. Financing options include mortgage refinancing, HELOCs, or reverse mortgages, supported by innovative Canadian tools that simplify and speed up the mortgage approval process. For comprehensive details and quick pre-approval, professional guidance is recommended.