Turn a “Maybe” Into Your Dream Home with a Purchase Plus Improvements Mortgage
Found a home that’s almost perfect—if only it had a new kitchen or updated floors? A Purchase Plus Improvements (PPI) mortgage could be the key to unlocking its full potential.
This unique program allows Canadian buyers to roll renovation costs right into their mortgage at the time of purchase. That means no juggling personal loans or high-interest credit cards just to make your new home livable or lovable.
How it Works:
You can borrow up to $40,000 or 10% of the home’s value—whichever is less—to finance upgrades right from the start. Whether it’s new flooring, bathroom renos, or a fresh paint job, the costs are included in one manageable monthly payment.
Who Can Benefit?
- First-time buyers looking for affordable homes they can customize
- Existing homeowners wanting to upsize or downsize into a property with potential
- Investors purchasing homes that need light cosmetic improvements
Final Thoughts
It’s one mortgage, one payment—and a smarter way to finance your home improvements without the financial stress. If you’re curious whether this could work for your purchase, let’s connect and explore your options.
