
Investment or Rental Property | Go back
Why Purchase Your Cottage or Vacation Property Through Us?
Buying a Second home in Canada and finding a Mortgage lender or finding bank for providing loan for - AKAL Mortgages is all you need for a complete picture of your finance dream.
We have best leading relationship with leading financial mortgage brokers in Canada and private leading groups to achieve your goals.
- 100% of Rental Income accepted when living in the rental property
- If property is not owner occupied up to 75% of rental income can be accepted
- High Ratio Financing on rental properties
- Equity Financing on rental properties available for clients who can’t show their income
Once you’ve decided on the plans and location for your rental property, AKAL Mortgages is here to help make your dreams come true.
Depending on your credit, you’ll be able to qualify for the best rates as well as high-ratio mortgage financing on your rental properties. While the ratio’s don’t go as high as your primary residence mortgage, our expert mortgage specialist can often come up with innovative ways to obtain 100% financing on your rental purchases!
AKAL Mortgages is proud to announce that we are now also offering refinancing on rental properties up to 90% of the appraised value in major urban centers.
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