The number of Canadians investing in vacation properties is on the rise. These properties offer a retreat for relaxation, as well as opportunities for wealth-building and creating lasting family memories. Accessible mortgages with low interest rates are available for vacation properties, even in non-winterized or remote locations. Whether you're looking to purchase a lake cottage or a housing option near a college, there are mortgage options tailored to your needs. The lending criteria for second or third homes differ from primary residences. Some vacation and secondary homes may qualify for a minimum down payment of 5% or 10%, while others may require