Making the cottage dream a reality
Right for you if you want to buy a family cottage and want a variety of financing options.
Overview
- Many financing options available. Get financing for up to 95% of the value of your second home or cottage†.
- Choose from Scotiabank's range of available fixed or variable rate mortgage products.
- Home equity. With the Scotia Total Equity® Plan*, you can initially borrow up to 80% of the value of your home to finance the purchase of a second home or cottage.
Plus
- Choose from weekly, biweekly, semi-monthly, and monthly payment options.
- Scotia Mortgage Protection can help make sure the home you worked so hard for is protected.
Mortgage rates
We understand that everyone's mortgage needs are different. Let us help you find a mortgage that's just right for you4.
Variable Rate Mortgages
Mortgage tools
It's easy to achieve your goals.

Mortgage-Free Faster Calculator
Discover how small changes can have a big effect. This tool will show you how you can be mortgage-free faster.

What Can I Afford?
Find out how much, so you can arrange your mortgage and shop for a home with confidence.

Mortgage Calculator
Determine your payment options, amortization and more, all with one calculator.

STEP Calculator
Discover how small changes can have a big effect. This tool will show you how you can be mortgage-free faster.

Mortgage Selector
Opening the door to homeownership.

Prepayment calculator
Find out what your mortgage prerepayment charge will be, so you can be mortgage-free faster.
Ready to apply

Online
Get Pre-Approved

Phone
Find a home financing advisor. Mon-Fri (9am-8pm)

In Branch
Book an appointment
Some conditions apply.
Conditions
This offer is available for all qualified purchase, switch, refinance and renewal customers, and is subject to applicable credit approval, Scotiabank residential mortgage standards and maximum permitted loan amounts.
Customers may choose from Scotiabank's range of available fixed or variable rate mortgage products.
Mortgage Rates Information
Special Offer Information
Interest rates are provided for information purposes only and are subject to change at any time without notice. All rates are calculated semi-annually, not in advance.
All mortgage applications are subject to meeting Scotiabank's standard credit criteria, residential mortgage standards and maximum permitted loan amounts.