How to Get the Bank to Finance Your Renovation
Purchase + Improvements
When buying a home that needs renovations check this out!
When you apply for a mortgage, one option the bank will give you is for them to help you finance the renovation. It's called Purchase + Improvements.
Maximums: 1. $40,000 or 2. 10% of Property Value
Whatever is lowest. PDF attached for full details.
I have great contractor referrals to help you with your renovations. Just ask...
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