A growing number of Canadians are choosing to invest in vacation properties for relaxation, wealth-building, and family bonding. Accessible mortgages with low rates are available for various types of getaway homes, including non-winterized or remote locations like lake cottages or college housing options. Different lending criteria apply to secondary homes compared to primary residences, with some properties qualifying for as little as a 5% or 10% down payment while others require 20% or higher. Different types of cottages have varying requirements, with some categorized as year-round accessible and others as seasonal. Homeowners can incorporate down payments through options like mortgage refinancing, HELOC, or reverse mortgages, with the help of innovative tools in Canada for a streamlined and accurate process. For more information and a fast mortgage pre-approval process, individuals can reach out to professionals in the field.