Sun May 20 2012 09:18 pm EST - Cottage Financing > Mortgages and Loans
| Cottage Mortgages & Vacation Home Mortgages | |||
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| Owning a vacation or recreation property can be an extremely rewarding experience! Ontario has some of best vacation and recreation real estate available in Canada. | |||
| We have lenders and mortgage products that are tailored for this market. | |||
There are generally 2 types of property classifications:
Either are acceptable but reflect on the rate and the loan to value that is approved. Type B is sometimes more expensive. You can obtain 95% financing for Type A properties and 75% financing is available for Type B properties. | |||
| Some Guidelines: | |||
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Financing as high as 100% of the properties value on some properties. (We can also show you how to use the equity in your principal residence for the purchase of a vacation home) Rates below bank posted! Flexible terms and pre-payment privileges—so you can pay your mortgage off faster! We can finance your dream home! | |||
| Visit these links: | |||
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Apply Online Now! To get access to the lowest rates and terms, apply online or call The Cottage Line 1-877-569-6841. | |||
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