Fixer-UPPer Mortgages 
If you already own a home and want to start a major renovation, we can help you refinance to make all of your plans a reality.
If you are purchasing a home, and don't mind a project house, there is a special program for that too, called a Purchase Plus Improvements Mortgage.This type of mortgage permits home-buyers to get a mortgage that includes both the purchase price of the existing home PLUS any renovations/improvements the buyer would like to do. Renovations like new kitchens, bathrooms, finishing a basement, and adding a nanny suite can add significant value to the home.
The qualifying process includes getting written quotes from licensed contractors or suppliers for products/services to be included in the mortgage application. The funds for the "improvements" portion of the mortgage is released to the buyer once the renovations are complete and inspected by local building inspectors.
For more information, contact me or apply for pre-approval.
