Owning a vacation home is something special you do for yourself and your family - another way to have the life you deserve. Now, to help you enjoy that experience even sooner, RBC Royal Bank has created the RBC Vacation Home Mortgage.
Perfect for
Purchasers of Cottages & Vacation Properties and Second Homes
The Benefits
Finance up to 95%* of the value of your vacation home or second home
The financing solutions you need, all in one place.
We understand that vacation properties are all different, and that your financing needs are unique. That's why the RBC Vacation Home Mortgage is Canada's first mortgage solution that lets you finance up to 95%* of the value of your vacation home. The RBC Vacation Home Mortgage now gives you more flexibility to choose the borrowing solution that works for you.
The right financing, no matter what type of vacation property you buy.
Whether you're looking for a property that can be used for year-round enjoyment or for weekend getaways, the RBC Vacation Home Mortgage could be right for you. And with up to 95% financing, you could own your vacation home that much sooner.
Mortgage Features
We have many mortgage options designed to help save interest costs and meet your personal financial requirements.
* Default insurance required for all financing over 75% of appraised value of vacation home and in some cases, depending on the property type and other factors, for financing over 65% of the appraised value of vacation home. Default insurance premiums apply. Mortgages are subject to RBC Royal Bank lending criteria. Some conditions and exceptions apply. Ask for details.
