We understand that the term second home or vacation property can be quite ambiguous. We know that not every second home or vacation property is the same or bought for the same reasons. At Mortgage for Less we'll find your best mortgage and rate amoung a variety of our lenders and customize it to suit the reasons you're purchasing a second home.
A borrower purchasing a cottage for a weekend getaway will require different mortgage financing than the borrower purchasing a second home that they plan on generating a rental income through B&B tenants.
We can help advise and provide the best mortgage and rate for your needs.
Getting pre-approved for a vacation property loan can give you an accurate idea of what you can afford. Knowing exactly what you can afford in a second or vacation property makes the process of searching and shopping for property easier.
Not only will it give you confirmation of how much you can be approved to borrow against your new property, but it will lock in an interest rate for 120 days. Getting pre-approved for a mortgage is an essential step for anyone shopping for a home away from home.
Want a second home for investment purposes. Learn more about our investment property mortgage.
Feel free to send us an email with any questions you may have about the required documents for a vacation property loan .
We'd be happy to help!
We have a variety of useful guides that are essential and helpful for all your mortgage needs and questions. We cover everything from basic mortgage concepts to the functions and components of a mortgage to in-depth mortgage guides and strategies.
We have a variety of informative and useful pages. Take advantage of the free resources we offer with convenient bookmarks for all your mortgage information needs.
We have a few excellent options to determine what you can afford to borrow. We offer an easy to use Mortgage Qualifier Calculator. Simply input the required information and let our calculator give you an idea of how much you can afford to borrow.
If you want to get the most accurate idea of how much you can afford to borrow, contact us or fill out our online mortgage pre-approval form.
To determine what you can afford get a mortgage pre-approval. Along with qualifying you for a mortgage amount, a pre-approval will also lock in an interest rate for 120 days.
There are a variety of mortgage types and purposes. Deciding on the best mortgage for you is essential to getting the most logical loan for your financial needs, goals and future.
If you don't know what you want or need in a mortgage, we can assess your finances and in consideration of your financial needs and goals, we'll provide the best mortgage and rate for you.
We can assess your situation and advise on a mortgage product that will meet your financial goals and needs into the future.
We can be contacted by phone, email or directly through our website. We do consultations through email, phone and meetings. To begin a consultation fill out a form pertaining to your mortgage needs.
We've been helping Canadians obtain financing at the best terms and rate for 30 years and we'd be happy to help you get the best mortgage.
We have a variety of forms and applications at your disposal. We do everything from mortgage applications to mortgage assessments to helping to improve credit ratings.
We navigate the mortgage market for you. As professionals we shop for you and in doing so we provide proficient service and advice.
Nick and his staff were very efficient and helpful. Nick in my opinion went above and beyond what was required in arranging my new mortgage. This has been my experience over the past 25 years when dealing with Mortgage for Less and Nick specifically.
Steven Hensman
Google Review
Nick Mitskopoulos was professional, trustworthy, efficient and proactive. His expertise as a broker was evident from the moment we met him. We had encountered 2 other brokers before but we decided to go with Nick because of his professionalism and sense of ethics. He was also patient and answered our numerous questions. We definitely recommend him as a mortgage broker. Keep up the good work Nick!
Sylvie Leung
Google Review
At no cost to you, we work on your behalf with your best interests in mind, until the mortgage transaction is closed and you are funded.
We asses your situation, advise on a mortgage product, find your best rate and provide you with options to customize your mortgage.
Nick was great to deal with. Professional, knowledgeable, polite and quick to answer any questions we had. Throughout the process from mortgage pre approval all the way through to closing day he stayed in touch making sure we had all the information necessary.
Would highly recommend Nick.
David Lowcock
Google Review
I have used Mortage For Less for all my mortgages since purchasing my first home nearly 15 years ago. From our first experience Nick has always been amazing at providing advice and negotiating great deals, and we have been a loyal customers ever since. Nick also jumped in quickly to help us work out a line of credit through our mortgage when we inquired a few years ago, and he provides interesting updates on the market. I plan on sticking with Nick for as long as I own a home.
Rob Taniwa
Google Review
We consider your financial needs and goals to provide a proficient service of strategic mortgage customization.
We provide advice before and after a mortgage. We're dedicated to answering and advising on all your mortgage inquiries.
What a pleasure it is to do business with Nick. I have used Nick as my mortgage broker several times now and wouldn't think of using anyone else. He is knowledgeable, professional and always timely on any questions or inquires I have. He makes you feel like you are a special customer through the entire process. Nick thanks again for all you expertise and making this a smooth transaction.
Much appreciated !
Danny Phillips
Google Review
It's always been a pleasure to work with you. Everything was made very easy for us even though you are in a different province. I believe I always got a great rate without me having to negotiate with several different banks. All the work was done for me. Thank you.
Mary Tiberio
Google Review
We provide a continued service of advice to strategically save tens of thousands over the life of a mortgage.
Our mortgage application and pre-approval are simple, straightforward and don't require much information to begin consultation.
We've been advising on mortgages for 30 years and we've helped thousands of Canadians get approved for their mortgage financing needs. We'd be happy to help you with your vacation property loan.