An increasing number of Canadians are choosing to invest in vacation properties for a variety of reasons including relaxation, wealth-building, and quality family time. In fact, it is now easier than ever to obtain accessible mortgages with low rates for vacation properties, even in non-winterized or remote locations. Whether you are looking for a lake cottage or housing near a college, there are options available to suit your needs. It's important to note that different lending criteria apply to second or third homes compared to primary residences, and certain types of vacation and secondary homes may require a higher down payment. However, there are innovative tools and streamlined processes in Canada that can help simplify the mortgage application and approval process. If you're considering purchasing a vacation property, reach out for more information and a quick mortgage pre-approval.