A Purchase Plus Improvements mortgage may allow you to include the cost of eligible renovations in your mortgage when you buy the property — helping you turn a home that isn't quite right into one that works for you.
We'll help you understand how the program works, what improvements may qualify and how to structure the financing before you make your offer.
Update cabinets, countertops, flooring or other components of an outdated kitchen.
Upgrade an existing bathroom or complete eligible improvements to make the space more functional.
Replace outdated or damaged flooring and complete other eligible interior improvements.
Replace older windows or exterior doors as part of improving the home's condition, comfort or efficiency.
Complete eligible roofing, siding or other exterior work that may be needed after purchasing the property.
Depending on the property and financing program, other improvements may also qualify. We'll review what you're planning before you commit to the work.
The renovations and estimated costs generally need to be established as part of the mortgage approval process, so this isn't something you want to figure out after closing.
If you're considering a property that needs work, talk to us before making your offer so we can help you understand what may be possible.
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