Cottage Mortgages including Leasehold Properties

Dreaming of a lakefront home or cabin? In Manitoba, some waterfront and provincial park properties are located on leased land. That means you own the home, but lease the land beneath it. Because these properties are financed differently than traditional homes, it's important to work with a lender who understands leasehold mortgages. At Compass Credit Union, we specialize in leasehold financing, including mortgages of lease and assignments of lease.

We finance properties at (but are not limited to):

• Riding Mountain National Park
• Otter Lake
• Ditch Lake
• Kerr’s Lake
• Thomas Lake
• Pelican Lake
• Balmy Beach
• Paint Lake
• Lake Manitoba
• Minnedosa Beach
• Sportsman’s Park
• Bowan Lake
• Bower Lake
• George Lake