Finding a Vacation Home Mortgage in Alberta

by Samantha Stewart Canadian writer

Realize Your Dream of Owning a Vacation Home

Many Canadians aspire to one day own their very own vacation home or cottage that they can retreat to with their family whenever they want. Having this luxury is one that many Canadians dream of, and is a goal that can be reached with the help of an independent mortgage broker. With all the beauty and mountain or lake landscapes in Alberta, it makes it a great place to own a vacation home. With today’s exceptionally busy lifestyle, having a retreat like a cottage or vacation home to go to on the weekends is a wonderful escape for the whole family.

Your Options for a Vacation Home Mortgage

Nowadays, there are plenty of options available to Canadians and Albertans when it comes to obtaining a vacation home mortgage Alberta. Whether you are looking to purchase a cottage in Banff, Jasper, Sylvan Lake, Canmore, Kananaskis, Lake Louise, or Red Deer, there are programs and options for obtaining a mortgage on a second home with as little as 5% down.

Financing a vacation home is rather straightforward and simple, as long as you meet the requirements and eligibility. Most Canadians who look to a cottage mortgage to finance their vacation home usually look to maximize the amount of financing that can be obtained on their current home. As such, these will most likely require a higher ratio mortgage.

Get the Pros to Help You Obtain Your Vacation Home

When it comes to a buying a vacation home anywhere in Alberta, you want to make sure you get experienced help obtaining the best vacation home mortgage package possible. Having an experienced professional Lethbridge mortgage broker like Jim Black, AMP, on your side will make the entire process much simpler, quicker and more efficient.

Jim and his team of professionals have been helping Albertans get the mortgage they need to purchase their recreational properties for years, and they can help you too. Their relationship with various lenders who are in the business of lending money specifically for second homes makes it that much more convenient and simple to find the lender that will provide the funds necessary at the lowest rates possible. Call Jim and his team at (877) 394-9422 and get yourself on the path to vacation home ownership today!