# What are the core LTV limits for secondary homes in 2026?

> Secondary homes (not rentals) are capped at 80% LTV (20% down) for all non-rental properties.

Category: Purchasing
Last verified: 2026-04-14
Source: https://ratellow.com/faqs/purchasing/what-are-the-core-ltv-limits-for-secondary-homes-in-2026

## Answer
### Strategic Proof

- Type A: Accessible year-round, potable water, winterized (80% LTV).
- Type B: Seasonal, may lack permanent heat or year-round road access (80% LTV).
- Strategy: Conventional 'A' lenders are the primary exit for Type A cottages.

## Related guide
- https://ratellow.com/guides/vacation-secondary-property-rules

## Sources
- CMHC-SCHL — https://www.cmhc-schl.gc.ca/professionals/project-funding-and-mortgage-financing/mortgage-loan-insurance/mortgage-loan-insurance-homeownership-programs/home-start