JUST A RENOVATION AWAY FROM YOUR DREAMHOME – YOUR MORTGAGE CAN PAY FOR IT
If you are a home owner and you want to renovate your home for your comfort, because you need more space or for any other reason; you can choose for renovation financing. You can easily roll the cost of your renovation into your mortgage for one easy monthly payment, and then use your prepayment features to pay it off faster. With mortgage rates hovering around historic lows, this is a great time to look at rolling the cost of your renovation into your mortgage.
PURCHASE PLUS IMPROVEMENTS MORTGAGE
Many homebuyers deciding on older properties find themselves puzzled: they’ve found a property that suits them, but it needs some costly and immediate upgrades. You can simply add these upgrade costs to your mortgage without worrying about skyrocketed credit card bills.
“Purchase plus improvements” mortgage covers the sale price of the home, plus any renovations that would increase the value of the property, with as little as 5 percent down.
It makes a lot of sense to add those costs to your mortgage and have a cost-effective way to get your dream home. Talk to JPS Aulakh about the full range of renovation financing options available to you.