There are many reasons for renovating your property – expanding your living space, energy savings, increasing the resale value of your home, remodeling the guest room into an office, making the entryways wheelchair friendly, landscaping the back yard or just to improve the quality of your life. The possibilities are endless when you have the affordable financing.
If you have at least 20% equity in your home, the funds for your renovation can come from
- Mortgage Refinance with Equity Take Out
- Home Equity Line of Credit (HELOC)
- Draw Mortgage
- Secure Line of Credit
At Canada East Mortgages, we work for you, not the lender and we will take the time to determine which renovation product is best for your individual situation. We will assess the cost of your renovation, the time you need to repay your loan, do you need the money up front, and the impact of the renovations on your home’s total appraised value.
To review your available options, contact one of our Mortgage Agents today.