Back to Blog

Need a mortgage on a cottage? Here’s what lenders look for

General Angela Calla 5 Jun

The Globe & Mail had a timely piece on what lenders are looking for when people come to them to buy a recreational property. Perhaps these tips can help your clients?

  • proximity to a major market
  • proximity to water (lake or river)
  • access to property by road and not just water
  • four season property better than just single season
Read the full article HERE