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How does the Purchase Plus Improvements Mortgage Program work? Ask the Expert

April 21, 2020

April 23, 2020 – When searching for a home, it is more than often that you find something beautiful but needs a tweak here or there. The purchase plus improvement mortgage gives you the ability to buy your beautiful home and make it your perfect home by tailoring it to your needs! Maybe it’s updating the kitchen, or an old bathroom, or adding a large window for natural light. You can purchase your new home and pay for the renovations with one mortgage and as little as 5% down.

The program allows you to purchase the home and combine the costs of your renovation into your mortgage. You can still take advantage of this program with a low rate mortgage. You will be able to begin the renovations immediately after taking possession of the property.

If this is a product that you think you might be interested in, or have questions about any other mortgage options, please feel free to reach out any time.

Erik Sepper, Mortgage Expert

Erik Sepper, Mobile Mortgage Specialist, Synergy Mortgage Group

289-527-4202


Secure your financing. Fill out this form and Erik will contact you

Springtime is not too far away, which also means financial institutions are starting to lower their rates. If you have any questions about rates or general inquiries about your mortgage, I would love to help!.

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