Vacation Homes
Turning your getaway dreams into reality
Owning a vacation home isn’t just about having a retreat—it’s about creating lasting memories, building equity, and having a sanctuary away from the hustle and bustle. Whether it’s a cottage by the lake, a mountain cabin, or a second property in the city, Better Mortgage Select specializes in financing solutions that make your dream escape achievable.
What defines a vacation or secondary home
A vacation or secondary home is a property purchased for personal use, distinct from your primary residence.
This can include:
Recreational properties
Seasonal cottages, ski chalets, or lakeside homes.
Family residences
Properties bought for children attending university or elderly parents needing care.
Financing options for vacation homes:
A vacation or secondary home is a property purchased for personal use, distinct from your primary residence. This can include:
- Insured mortgages:
Down payments as low as 5% for eligible vacation homes. - Conventional mortgages:
Down payments of at least 20%, offering more flexibility in property types. - Amortization periods:
Up to 30 years, depending on property eligibility and mortgage structure.
Key considerations when buying a vacation home:
Seasonal accessibility
Year-round access can impact financing options.
Property type
Homes with proper insulation, road access, and permanent utility services are easier to finance.
Future goals
Will the home serve as an investment, rental property, or retirement retreat?
An Example to Illustrate: Jennifer and Alex dreamed of owning a lakefront cottage. Through Better Mortgage Select, they secured financing with a competitive interest rate and structured their mortgage to accommodate their long-term goals. Today, their family enjoys summer weekends by the water, all while building equity.
“A vacation home isn’t an expense—it’s an investment in family, lifestyle, and peace of mind.”
How Better Mortgage Select can help:
Tailored mortgage plans to suit your property’s unique requirements.
Access to competitive financing options from top lenders.
Guidance on property eligibility and insurance considerations.
Make every getaway count.
Flexible financing for your second home—whether it’s lakeside serenity,
a ski escape, or a city retreat.
Turn your dream escape into a reality
Whether it’s a cozy lakeside cottage or a mountainside retreat, Better Mortgage Select is here to help you turn your vision into reality.
Start planning your escape today—because your dream vacation home is closer than you think.
Let us guide you in finding the perfect mortgage solution for your vacation or secondary home.
Contact us today and let’s turn your dream escape into a reality.