Purchase Plus Improvements Mortgage
Renovations are a great way to make your soon to be new house feel like home. Whether you’re thinking about a major home renovation or a smaller project, Westoba’s Purchase Plus Improvements Mortgage makes it easy to finance your home and the renovations of your dreams.
What is it?
The Purchase Plus Improvements Mortgage allows qualified borrower the ability to add funds to their mortgage for renovations on their home. This flexible product allows you to not only buy a home that is more affordable due to the required upgrading but also allows you to customize your renovations.
Who is it for?
Purchase Plus Improvements Mortgages are ideal for individuals looking to purchase a home that requires renovations – especially if their savings are earmarked for their down payment and closing costs.
Member Testimonial
"It completely changed the way we looked at house shopping because we knew we had access to funds to tackle projects right away." - Stacie B.
Learn more about her family’s experience using the Purchase + Improvements Program Read more
What are the benefits?
- You do not need to have additional savings set aside for renovations
- You can begin making improvements immediately upon possession
- You’ll be responsible for one manageable payment per month
- Improvements can increase the value of your home
- Certain energy-efficient upgrades like windows, doors or a furnace may help lower utility bills
- Making improvements immediately allows you to sit back and enjoy your new home sooner
What type of home improvements qualify?
- Flooring upgrades
- Kitchen renovation
- Bath renovation
- New windows & doors
- Finished basement
- Roof replacement
- Family room makeover
- Energy-efficient upgrade
- Updating fixtures
Too busy to visit a branch?
Meet with a Mobile Mortgage Specialist at a location that is convenient for you.
