Even when you find yourself in a great home with a great feel, it still may require freshening up before it’s move-in ready. Perhaps a new coat of paint, or upgraded appliances are needed to make you feel homely. A Home Improvement Loan, or Purchase Plus Improvement Mortgage will help you achieve your design plans.

This mortgage type lets you finance your home and all your renovations in one place. It gives you an easy-to-manage plan, with extra breathing room regarding mortgage payments. You will first need to find fixed price quotations for your renovations, so that the funds can be released upon verifications of these amounts.

Our mortgage experts will help provide the best rates for your Purchase Plus Improvements mortgage.

Your property is eligible for this mortgage if it has four units or less, and one is occupied as a primary residence. It may be a new-build or an existing property.

Anava Financing offers the best in-market rates, with mortgages up to 95% loan-to-value (LTV) and refinances up to 80% LTV. We can get amortization up to 35 years based on the lender!