We Can Help You Make the Right Financing Choice

You've found the perfect cottage, condo or vacation property. Now, all you need is the right borrowing solution to make it yours.

At RBC Royal Bank, we offer options to meet all your needs. Together, we can explore the different possibilities and help you choose the one that best suits the repayment term you want and the cost of your vacation property. We can also help you decide whether or not to leverage the equity in your existing home in order to make your purchase.

Find out about the different ways to finance a vacation property here, or contact one of our credit specialists today.

Royal Credit Line®	RBC Royal Bank Mortgages
Secured or unsecured revolving credit that puts you in control.	Mortgage solution that lets you finance up to 95%(1) of the value of your vacation home.
Credit limit from $5000 to as much as 80% of the equity in your home, less any prior outstanding mortgages.	Ideal for higher-priced properties, giving you up to 30 years to pay(2).
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Royal Credit Line

When you use a Royal Credit Line Secured home equity line of credit to purchase a vacation property, you're in complete control. Your credit limit could be as much as 80% of the equity in your home, with competitive interest rates. And borrowing is easy and convenient. Just write a cheque, use RBC Royal Bank Banking Machines, Telephone Banking or Online Banking.

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RBC Royal Bank Mortgages

Choose a short or long-term mortgage, open or closed terms fixed or variable interest rates.

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