* Cambrian will be closed on Friday September 30 for the National Day for Truth and Reconciliation
 

Buy your Cottage with a Cambrian Mortgage

At Cambrian you’ll get the same low rate for your cottage mortgage as you would for your home. Plus, we finance cottages on government or leased land too.

Apply Online Meet With An Advisor


FAQs for Buying your Cottage

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Mortgage Offers

Cambrian Variable closed mortgage logo link

Cambrian variable closed mortgage rate 4.55%


Save money with our lowest variable rate!


Plus, you can switch to a fixed rate mortgage at any time in the future. The choice is yours.


APPLY ONLINE
It only takes 15 minutes


See full details


Logo Showing Cambrian 2 year fixed mortgage rate - 1.95%

Cambrian 3 year fixed mortgage rate of 4.90%


Get peace of mind with our low fixed rate!


Get pre-approved at this rate now and get our Best Rate Guarantee.



APPLY ONLINE
It only takes 15 minutes


See full details


Cambrian Variable Open Mortgage Logo 2.45%

Cambrian variable open mortgage rate 5.45%


The flexibility you want, at any time!


Our Variable Open mortgage lets you make changes to your mortgage anytime, without penalty.


APPLY ONLINE
It only takes 15 minutes


See full details


 



What you get with a Cambrian Mortgage

 

 
  • Low Mortgage Rate

    At Cambrian you’ll get the same low rate for your cottage mortgage as you would for your home. Plus, we finance cottages on government or leased land too.

  • Quick Approval

    Because we are based in Winnipeg and Selkirk, our team can get your mortgage approved as quickly as you need it. And with our quick 15-minute web application, you can get started right away. 

  • Rate Guarantee

    When you apply for a cottage mortgage, we automatically lock in our current fixed residential mortgage rate for you, for up to 4 months. If it takes longer than 4 months to find your dream getaway, no problem; we’ll automatically give you our lowest fixed rate in the last 4-month period. All you need to do is apply for a new mortgage and go cottage shopping. See full details

  • Pay Off Your Mortgage Faster
    We love helping you save money. Which is why you can choose to pay up to an additional 20% of your original mortgage balance every year, without penalty. Make one lump sum payment or make additional payments throughout the year.
  • Local Expertise
    We’ve helped many people become cottage owners all over our beautiful province.
  • Advice and Care
    Our advisors love helping people just like you buy a vacation home. Rest assured that they will guide you each step of the way while you search for your dream getaway.



What is the difference between a first and second mortgage?


Getting a mortgage on a second property is fairly similar to the mortgage on your first property, other than 2 key differences.

On a second mortgage, Cambrian will provide:

  • Financing up to a maximum of 80% of the purchase price
  • Amortization term to a maximum of 25 years
.

Buying a Cottage


Buying a cottage can provide joy and relaxation for your family for years to come, but there are many things to consider before going out and buying your slice of paradise. Here are things you should consider:

  • What types of activities are you looking for?
  • How will you get to the cottage?
  • Where do you want to purchase?
  • What are your options for water and electricity?

Learn More


Ready to get a Cottage Mortgage?

OR
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OR

Quick 15-Minute Application

Apply Online 
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Meet with an Advisor

Book Online