Looking to purchase a cottage?

The Vacation / Secondary Home Program allows borrowers to purchase a second home with an affordable monthly payment with 5% down payment.

Eligible Properties

Secondary Homes (Type A)

• Maximum 1 unit
• The property must be owner-occupied or occupied by an immediate family member
• New construction covered by a lender approved New Home Warranty Program*
• Existing resale properties
• Readily marketable residential dwellings, located in markets with demonstrated ongoing re-sale demand
• Estimated remaining economic life of the property should be a minimum of 25 years

Vacation Homes (Type B)

• Property characteristics same as Type A properties except for the following;
• Property need not be winterized
• Seasonal access permitted (road not plowed during winter

Questions….contact Denise today! 416-629-5363•Maybe that dream is just around the corner! Let Denise help you to homeownership!