Curtis Arnold | Mortgage Broker 403-613-1555

Purchase Plus Improvements Mortgage

Purchase Plus Improvements Mortgage

You’ve found the house with an affordable price in the perfect neighbourhood with the right number of bedrooms, bathrooms and parking is exactly what you’re looking for. Then you walk in and it’s completely original. Fortunately you don’t have to walk away from this home.

With the Purchase Plus Improvements Mortgage you can update the home at the time of purchase. Here are some of the benefits.

  • You can roll the cost of the improvements into your mortgage
  • Rolling the costs into your mortgage will be cheaper than a line of credit
  • You don’t have to have money for a down payment and renovations
  • The renovations will increase the value of your home
  • You will be less tempted to go overboard with costs as you will have a budget

Some of the renovations that are allowed are new flooring, new paint, bathroom or kitchen upgrade. You can even develop your basement or build a garage.

Negotiating a Purchase Plus Improvements Mortgage can be a little tricky. Give me a call or send me an email to discuss this further. After all getting the location and the style of home you want may be just a phone call away.

*Subject to approved credit, income verification and meeting lending credit granting criteria. Applies to residential mortgages only and some conditions may apply. O.A.C., E.O.E All content is subject to change without notice.

Why don’t we have a chart or the lowest posted rates like every other mortgage company?

The lending environment has changed greatly in the past few years, and rates today depend on many more variables: How much of a down payment you have, whether your mortgage will be insured, what your credit score is, and how severe a payout penalty you’re willing to risk. These are just a few of the variables that make up your final rate.

So rather than us posting the absolute lowest rate possible on the assumption that every variable works out in your favour, let’s talk so we can determine what your particular situation is and what your rate might look like.  We’d much rather do that then publish a rate you’d be disappointed if it wasn’t available to  you.  It takes a conversation with an industry professional to explain the pros and cons of any rate being offered.

Call or email us today so we can discuss your personal situation.

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“Curtis was able to succeed where other’s had failed. He was able to work through a difficult deal and keep my realtor on task. Curtis would be my first phone call if I wanted to pursue the purchase of any property”
Perry Wilderman

Owner, Morgan K Landscapes

Curtis Arnold
Mortgage Broker