Generally speaking, only 5% is required for a down payment on vacation properties. Typically, those that purchase these second homes already have a mortgage on their primary residences.
Expert advice is just a phone call away
Want to experience the iCare Service Advantage yourself? Let our mortgage specialists help you with a complimentary review of your insurance needs by contacting us at Info@iCareinsurance.ca or by calling us at 604-628-5177.