Buying a houseboat

[c00king-garden]

I'm from Canada thinking about buying a houseboat to live on full-time. Just starting to explore loan options, seeking advice or personal experience with lenders would be really appreciated. Thanks a bunch!

 

[Warm.love]

Living aboard full time in Canada can be awesome, but houseboats don't always qualify for traditional mortgages except maybe you wanna go through marine lenders or get personal loans or even secured lines of credit instead

 

[Goodie]

Yeah @Warm.love is right, traditional mortgages rarely cover houseboats in Canada, so exploring marine lenders, personal loans, or secured lines of credit is usually the way to go. It's a unique financing challenge but doable with the right approach