Vacation Property Mortgage Canada
High-Ratio Vacation Property Mortgages: Low Down, Secure Solutions
Based on 150 Verified Google Reviews
Vacation Property Mortgage Canada
- Quick, Simple and Secure!
- No Credit Check Needed
- No 100% Confidentiality
- No Obligation and No Cost to You
- Lowest Mortgage Rates
Based on 150 Verified Google Reviews
Featured at
Looking for your perfect escape spot?
Getting a vacation home mortgage in Canada is simpler than you think. We’ll assist you throughout the process, turning your dream lake house or mountain cabin into a reality. Want to start creating unforgettable moments? Reach out to us now!
- Quick, Simple and Secure
- Fast Pre-Approval
- No Obligation and No Cost to You
- 100% Confidentiality
Discover the Best Mortgage Rates in Ontario
4.19%
1-Year Fixed Rate Mortgage
4.14%
3-Year Fixed Rate High-Ratio Mortgage
4.19%
5-Year Fixed Rate High-Ratio Mortgage
3.55%
3-Year VRM Rate High-Ratio Mortgage
3.65%
5-Year VRM Rate High-Ratio Mortgage
3.54 %
5-Year VRM Rate High-Ratio Mortgage
Access Competitive Rates from Top Lenders
Whether you’re buying, refinancing, or investing, we offer customized solutions - including high-ratio options for low down payments. From application to keys in hand, our team guides you every step, prioritizing your budget, timeline, and peace of mind. Plus, your personal information stays secure with our transparent privacy practices.
Why Choose Us for Your Vacation Property Mortgage?
Unlock your dream getaway with ease. We connect you to 35+ trusted lenders, securing some of Canada’s most competitive rates – often reducing mortgage costs by up to 1%. Our streamlined online application takes just minutes, and you’ll experience rapid approvals and quick closings, so you can enjoy your property sooner.
Banks
- Customers are treated like transactions
- One set of products & policies
- Lender needs come before yours
- Long application processing wait times
- Call centres and a revolving door of staff
VS
Turkin Mortgage
- Customers are treated like people
- Considered options from over 35 lenders
- Your needs and goals always come first
- Experienced mortgage experts located in Toronto
- Stable dedicated team to champion your finance approval
$1000 Cash Back or Free iPad When You Close With Us!
Our Vacation Property Mortgage Process
Choose confidence. Choose convenience. Choose us.
Step 1
Tell Us About Your Dream Getaway
Share your vacation home goals, budget, and location wish-list. We’ll listen, answer your first questions, and start tailoring solutions that fit you.
Step 2
Simple Application, No Stress
Fill out our easy online form - just the essentials, no endless paperwork. Need help? We’re always a call or click away.
Step 3
Get Your Personal Mortgage Options
We hunt down the best deals, then walk you through your options (including rates and terms), explaining everything in plain language.
Step 4
We Handle the Heavy Lifting
Once you decide, we take care of paperwork, bank talks, and follow-ups. You get updates at every step - no surprises, just progress.
Step 5
Keys in Hand, Vacation Mode On
Once approved, celebrate! Unlock your new property with confidence. We’re still here if you have questions, even after closing.
Plan Your Home Purchas with Our Mortgage Calculator
Turkin Vacation Property Mortgage Benefits
Enjoy Your Dream Vacation Property, Hassle-Free
Acquire your perfect holiday home in Canada without the stress of lengthy paperwork or complicated processes. We simplify every phase so you can concentrate on creating unforgettable moments.
Simple Financing Options Tailored for You
Find mortgage solutions that match your lifestyle, whether it's for summer by the lake or winter in the mountains. Pick what aligns with your financial plans and aspirations.
Grow Your Wealth While You Relax
Each vacation is more than a getaway; it's an opportunity to increase your equity. Let your property work for you, building value even when you're not around.
Guidance From Expert Advisors
Our seasoned mortgage specialists make navigating vacation property finance straightforward, turning complex terms into easy-to-understand advice. Move forward with confidence at every step.
Swift Approvals for Everyone, Anywhere
No matter where you reside, our streamlined process ensures quick approval, eliminating unnecessary delays. Access your vacation spot sooner without hurdles.
Cherish Every Moment With Peace of Mind
Relish every stay knowing your mortgage is secure. We assist in finding the ideal financing solution so you can prioritize what truly matters—joy, relaxation, and cherished memories.
What Toronto Homebuyers Say About Turkin Mortgage
Real experiences from Toronto residents who chose Turkin Mortgage for their home financing needs. Discover the quality and reliability of our services through their testimonials.

Based on 150 Verified Google Reviews
Posted on OliverTrustindex verifies that the original source of the review is Google. Turkin mortgage helped with refinance and it felt much less confusing than expected. The steps was clear, and the paperwork part got explained in simple way, so nothing felt missing. Updates came fast on phone and email, not too many back and forth. Questions about term options got answered patient, with examples that make sense for normal life. Final closing went smooth and everything match what was said before no suprises. Would use again when next refinance time comes.Posted on Rachel MacDonaldTrustindex verifies that the original source of the review is Google. I highly recommend working with Leon Turkin! He was referred to me by my realtor and I am so glad we worked with him and his team! He made us feel confident going into the housing market and was always quick to answer questions and break down the numbers when we needed him. We were thankful to have his knowledge and support through the whole process right down to closing day! His assistant Vita was also wonderful and on top of everything throughout our home buying journey. Thank you so much for making what could have been a very stressful endeavor feel smooth and painless.Posted on Kayla HaddenTrustindex verifies that the original source of the review is Google. I honestly can’t recommend Leon highly enough – if I could give him more than 5 stars I would, easily a 10/10. We were coming to the end of a fixed-rate period and our situation wasn’t straightforward (self-employed income, a slightly complicated credit history from years ago, and we really wanted to access the equity in our home while keeping the monthly payments affordable). From the very first call, Leon was an absolute breath of fresh air. His communication is second to none. No question was too small, no update too minor – he kept us in the loop every single step of the way with clear, jargon-free explanations. Emails were answered quickly (often within minutes), phone calls were always welcome, and he never made us feel like we were “just another file” on his desk. What really stood out was his diligence and determination. This wasn’t a quick two-week remortgage – Leon worked on our case for over six months, constantly exploring new options as rates changed, chasing lenders when they were dragging their feet, and going above and beyond to find the perfect product that ticked all our boxes. There were a few moments when we thought it might not happen, but Leon refused to give up and kept pushing until we got the outcome we wanted. We’ll be using him again without hesitation and have already recommended him to friends and family. Thank you, Leon – you’ve made what could have been a stressful process completely painless!Posted on Arthur IAKOUBOVTrustindex verifies that the original source of the review is Google. I had an amazing experience with Turkin Mortgage! They got me a great rate, and the whole process was fast, easy, and stress-free. I truly felt like I was in good hands from start to finish. Highly recommend to anyone looking for a smooth mortgage experience!Posted on Warren GreenidgeTrustindex verifies that the original source of the review is Google. Leon and his team assisted me in refinancing a Canadian property while I was residing in the U.S. They were professional, focused on achieving goals, and delivered on their promises. They found a willing partner in one of the Big 5 banks and helped me complete the deal with a better outcome.Posted on Approvedbiz .caTrustindex verifies that the original source of the review is Google. Always a pleasure dealing with Leon and his team. They are my go to source for personal mortgages!Posted on Dmitry TatarenkoTrustindex verifies that the original source of the review is Google. Leon and his team did an outstanding job! I am extremely satisfied with the work provided by both Leon and Vita. They were incredibly helpful and transparent throughout the entire mortgage application process, making a potentially stressful experience much more manageable. Their commitment to finding the best possible rates and terms that suited my financial needs was evident. What really stood out was their professionalism and personalized approach. Leon’s expertise and Vita’s responsiveness ensured all documentation was accurate and submitted promptly. If you are looking for a mortgage team that will go above and beyond, I highly recommend Leon and Vita for anyone seeking a mortgage for their primary or rental properties.Verified by TrustindexTrustindex verified badge is the Universal Symbol of Trust. Only the greatest companies can get the verified badge who has a review score above 4.5, based on customer reviews over the past 12 months. Read more

Based on 150 Verified Google Reviews
Turkin Mortgage: Where You Matter
If you’re worn down by subpar service from banks and other brokers, we’re here for you. We offer premium service that the big banks just can’t deliver.
With experienced mortgage brokers located right here in Toronto we’re ready to help you achieve and exceed your goals.
3.79%
Hold rate for 120 days
YES
Cashback available
↑ 20%
Lump sum prepayment 20%
48H
Quick close, 48 hours
3.79%
FAQ
Essential Criteria for a Vacation Property Mortgage
- Credit History: Aim for a credit score of at least 680; higher scores could mean better interest rates.
- Income Stability: Demonstrate steady earnings from employment or self-employment.
- Debt-to-Income Ratio: Keep total monthly debts, including your new mortgage, under 43% of your gross income.
- We're here to connect you with lenders who focus on vacation properties and guide you through the process with clarity.
Down Payment Expectations for Vacation Homes
Self-Employed? You Can Still Get a Vacation Mortgage
- Compiling 2+ years of tax or financial documents.
- Demonstrating reliable income via contracts or retainers.
- Finding lenders who consider assets alongside income.
Differentiating Second Home and Investment Mortgages
- Second Home Loans: For part-time personal use, with rates above primary homes but below investment properties.
- We’ll help you choose based on your property's intended use.
Interest Rates for Vacation Properties
Impact of Debt Ratios on Mortgage Approval
- GDS (Gross Debt Service): Mortgage, utilities, and taxes should not exceed 32 - 39% of your income.
- If your ratios are tight, we can explore debt consolidation or alternative lending options with you.
Insurance Needs for Canadian Vacation Properties
- Fire and Extended Coverage: A must for most lenders.
- Flood/Earthquake Insurance: Especially in high-risk areas.
- We assist in finding insurers who understand the specific risks of your vacation property area.
How Property Values Affect Financing in Vacation Areas
- Custom Appraisals: To reflect unique features like waterfront access.
- For distinctive properties (like log cabins), we work with lenders offering flexible valuation methods.
Special Mortgage Options for Seasonal or Remote Properties
- Seasonal Property Loans: Perfect for homes you can't reach in winter.
- Green Energy Discounts: Benefits for off-grid solutions like solar or wind.
- Farm/Acreage Lenders: If your property includes farm potential or vast land.
Renting Out Your Vacation Property? Know the Rules
- Second Home Loans: Typically permit short-term rentals (e.g., up to 30 days a year).
- We’ll make sure you understand the terms to avoid any penalties.
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