While shopping for your next home, finding the right property that meets both your functional needs and your budget isn’t always easy. You may find a house with the perfect layout in your ideal neighbourhood, but the interior needs some major upgrades. Whatever your upgrade needs may be, there are mortgage products available that allow you to add renovation funds to your mortgage amount. With a Purchase Plus Improvements (PPI) mortgage, you can buy a home, renovate it to your liking and pay for it all in one mortgage payment. This is a flexible product that enables you to not only buy a home that’s more affordable due to required improvements, but also allows you to customize your renovations. We can help you decide if this is the right solution to finance your dream home.
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