Cottages & Vacation Properties

Sitting by the lake on the dock sipping your morning coffee is a dream of many Canadians and we are experts in finding you the right Vacation Property Mortgage.

Buying a vacation property is essentially like purchasing a second home. The minimum down payment remains 5% of the purchase price and will require the same processes as your first mortgage. If you are purchasing a non-winterized vacation home, or will not have year-round access, then you will be required to put down 10%.

It is also important to note that if you plan to use your vacation home to provide rental income as this will have different requirements.