Purchase Plus Improvements2018-03-06T17:58:47+00:00

PURCHASE PLUS IMPROVEMENTS

The HMCF.CA purchase plus improvements program allows you to customize your home to your taste. Under one low affordable mortgage, you can finally move into your dream home. We are equity builders!

Purchase Plus Improvements
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2 Programs Available

Purchase Plus Improvements

Looking to buy a home that needs reno’s?

Only 5% Cash Down Required!!
Mortgage 95% including reno’s. Before Moving In!

Refinance Plus Improvements

Already own a home that needs reno’s?

Only 20% Equity Required.
Refinance 80% including reno’s!

Purchase Plus Improvements Example

You’ve found a home you like, however its not yet the perfect house for you. So you need to replace the roof, upgrade the windows, renovate the kitchen. Let’s say the total of these upgrades is $40,000.

$0
PURCHASE PRICE
$0
Purchase Plus Improvements
$0
All In One Price
$0
5% DOWN PAYMENT
$0
MORTGAGE AMOUNT

HOW IT WORKS

#1

Find the house that you like, and we get you an approval “as-is”.

We get a firm price on the renovations needed, and have your mortgage approval revised to include the price of home improvements.

#2

We get to work, and complete all renovations before you move in.

Depending on the size of the renovation, you could be ready to move in anywhere from 2-6 weeks from date of purchase

#3

You now get to move in to your new home, That's worth more!

When completed. Renovations are verified by the bank.

Contact Me Your Way.

With as little as 5% down. The Purchase Plus Improvement program is the most affordable and practical way to renovate your property, regardless if you own it already or not. Lines of credit, loans, or high interest credit cards make renovating expensive. With the Purchase Plus Imrpovements program, you save interests cost by bundling it with your low interest mortgage rate!
Just because the bathroom needs redone, or the kitchen, or maybe it is not energy efficient enough. Customize the house the way you see it. This programs allows you to do the renovations when you move in now, not years later.
Whether you own the house already or are looking to buy. The purchase plus improvements program helps you build equity, because it ensures you put your money in the right places to improve your home for long term value.

FAQ

Why don’t I just borrow money for my renovation from a seperate source?2016-11-03T12:03:31+00:00

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.

Why is the purchase plus improvements mortgage rate lower then typical?2016-11-03T11:23:24+00:00

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!

Kyle Wilson, MBI | Mortgage Broker

Century Place

347 Leon Avenue Suite 210 Kelowna BC V1Y 8C7

Direct: 250.869.7880
Email: mail@kylewilson.ca
Web: KyleWilson.ca