Purchase Plus Improvements

Purchase plus improvements mortgage allows buyers to purchase a property with additional funds provided for renovation and improvements. It provides a solution to buyers to convert any property into their dream home. Popular reasons for purchase plus improvements includes building a new kitchen, updating more cabinetry space, finishing an unfinished basement and remolding bathrooms.

The costs of the improvements will be added into your mortgage – and you’ll have the funds in hand at the time of move–in to complete the improvements and renovations immediately. Interest rates start at 2.65%, which means it’s a low alternative compared to other type of loans to finance any renovation project; credit card rates are about 20% and line of credit rates are about 9%.

Connect with us today, we’ll assess your overall needs and provide the best feasible product and rate.