Signet Mortgage Solutions
Buying a Second Home
The Good News About Second Homes
Wondering if you can can afford a second home? We at Signet Mortgage Solutions can assist you if buying a second home is a viable option.
There are many reasons Canadians buy a second home
An investment property, owning a cottage, vacation home, or even a place for their children to live in while away at university.
Buying a second home is different from a traditional mortgage
Rules can be different on purchasing a second home compared to the first. If you are purchasing rental property, your application will only include a portion of the rental income (depending on the lenders), getting help from a professional and experienced mortgage broker will ensure you get the right mortgage product and have a better chance for approval.
We Have Answers
The good news is buying a second has many mortgage options and we have many lenders to make sure we meet your goals. The mortgage brokers at Signet Mortgage Solutions are very experienced with second home mortgages. We can help make the mortgage process smoother, provide better rates and get a quick turnaround time on your approval so you can get your second home sooner.