With spring and summer coming closer every day, many of us are dreaming of the warmth of the sun on our backs. With this we often find ourselves dreaming about sitting on the dock of our own cottage, relaxing and overlooking the sun set over our own lake.

If you are like a lot of people in the GTA, this dream comes to mind almost every year at this time and in most cases we just leave it as a dream. 

Many people feel buying a cottage is very complicated and don’t know where to start. How do I get a mortgage for a cottage? What about the down payment? How high are the interest rates for a cottage mortgage?

Well, if you want to make your dream into a reality and make this year the year you buy your own cottage, or even a second home for a son or daughter going away to University or College, I have great news. If you have the income to qualify and the property meets certain criteria you can buy that cottage or second home for your child with NO Money Down.  And the mortgage rates are generally identical to the rates you would get on your home in the city.

If it’s time for you to turn that dream into a reality, give me a call I’d be glad to answer your questions. See you at the lake!

Cheers!

Michael Wilson