Found the perfect home but it needs some love? Don't let a dated kitchen or old flooring stop you. The Purchase Plus Improvements (PPI) program lets you roll renovation costs into your mortgage from day one, helping you build equity faster while creating the space you want.
✅ Why PPI is a strategic move:
- High Limits: Finance $40,000+ or up to 10-20% of the property value.
- One Payment: Renovation costs are bundled into your regular monthly mortgage.
- Value Boost: Increase market value immediately after work is completed.
- Flexibility: Use funds for kitchens, flooring, or modernizing bathrooms.
✅ What you need to qualify:
- A firm purchase agreement on the property.
- Written quotes from licensed contractors for the work.
- Financing is based on the property’s "improved" value.
Stop compromising. I provide the strategy to navigate complex financing with confidence.
Amit Bhatnagar, Mortgage Agent Level 2
Phone: (437) 776-5148
Email: mortgagebyamit15@gmail.com
FSRA License 10530
#OntarioRealEstate #MortgageBroker #HomeRenovation #PurchasePlusImprovements
