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Renovate Your Mortgage. Appreciate Your Home.
CMHC's Purchase Plus Improvements Mortgage

CMHC’s Purchase-Plus Improvements Mortgage allows homebuyers to roll immediate renovation costs into their mortgage.

 

Find an affordable home in need of TLC and transform it into that perfect home you always dreamed of; with new bathrooms, kitchen, and hardwood floors. Add the estimated costs of the renovation to your mortgage at the time of purchase to finance the entire renovation transformation without having to wait!

 

CMHC Mortgage Loan Insurance can help you to obtain financing for up to 95% of the appraised value after renovations with only 5% down payment for both the purchase of your home and the renovations.

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PROUD SUPPORTERS OF

Total amount raised
$61,104.44
Updated: 01/22/21
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TODAY'S RATES

TERMPOSTEDMA RATES*
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Subject to change. Conditions may apply.
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LEARNING CENTRE

Considering a fixed rate mortgage? Get informed!

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Renovating your home is within financial reach. Find out how!

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Is your mortgage coming up for renewal? You should talk to a broker!

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CALCULATORS

Want to find your monthly payment or what you can afford? Find out this and more with our easy to use calculators!

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