Purchase & Renovation

Have you been house hunting and just haven’t found that perfect dream home yet?

Perhaps one listing requires a kitchen makeover or that en-suite bathroom is out of date or you need to create a nanny suite in the basement.

A Purchase + Renovation Mortgage may be the perfect solution.   Should you not have the funds immediately available to support your renovation then this type of mortgage can provide you with an additional $40,000, added to your mortgage, that can be directed towards your renovation. 

The enhanced value of your home should be in-line with neighbourhood values and contractor quotes are required in advance.    This is an ideal solution for financing a home renovation should your budget be tight.  

Give me, Michael Pezzack, a call (416-850-2642) and let's discuss your unique circumstances.     This is a popular form of mortgage these days and I am extremely familiar with the nuances of securing a Purchase + Renovation Mortgage. 

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