Vacation and Second Homes
A home away from home
OR
Additional home for family member
Living in a beautiful country surrounded by the Canadian Rockies, more Canadians are searching for a place to spend quality time and relax.
With a growing population, people have also been seeking second homes for their family members.
↠ down payment as low as 5%
↠ down payment can be from existing home
Purchasing a second home or vacation may be a bit more trickier to finance due to current regulations and stricter requirements.
Second Homes
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must be suitable for year round occupancy and have year round access
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occupied by owners or by a family member (rent free)
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other restrictions may apply
Vacation and Recreational Properties
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must have year round access
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must be used for recreational purposes
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need to have residential standard water and septic system
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have a permanent primary source of electricity and heating
Note: Properties that are not winterized, only have seasonal access and don't have year round plumbing may be subject to restrictions