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 those for primary residences. Depending on the property type—such as a year-round accessible home, lake cottage, or seasonal retreat—down payments can range from 5% or 10% to 20% or more, with some cottages requiring higher rates and stricter terms. Financing options also include refinancing, HELOCs, or reverse mortgages. Innovative Canadian tools simplify the mortgage process, making it easy to obtain information and quick pre-approval.