You can and more then welcome too. However the benefit of the Purchase Plus Improvements mortgage is you get an incredibly low mortgage rate PLUS a low renovation loan “All in One”. You will not find any Home equity, line of credit, personal loan, or credit card that comes close to saving you this much interest.
Good Question. Because of our buying power as a licensed Mortgage Broker through the super broker network Verico Finex Lending. We are offered very low interest rates. But on top of that, in order to earn your business for your next home improvement project; we take a large chunk of our commissions earned by the bank and “buy down” the interest rate!