Vacation & Second Home

Dreaming about owning a home near your favorite vacation destination or a second home near family? Whether you have found your dream home, are in the market for a vacation or second home, or are planning for the future, Royal Bank offers lending options to help make your dreams a reality. We offer highly competitive rates and flexible terms to meet your financial goals.

There are many benefits to owing a second home or vacation home:

• Potential to increase in value, creating a long-term asset for you and your family
• A convenient getaway
• Possible tax-deductible interest

Some things to consider when researching a vacation or second home:

• Talk with locals to get a feel for the neighborhood including restaurants, grocery stores, shopping and entertainment
• If you plan to allow visitors, research the rules in your community as some areas discourage regular vacation visitors
• Assess your long-term goals and make sure the home and location meets those goals

Our team of experienced and award-winning lenders take the time to understand your individual goals, educate you on available options and work with you to find a fitting financial solution. In addition, decisions are made locally so your financial information stays local and decisions are made fast.

Apply Online for a home loan today!