Purchase Plus Improvements

Purchase plus Improvements

PURCHASE PLUS IMPROVEMENTS

The Pragmatic Developments Inc. purchase plus improvements program allows you to customize your home to your taste. Under one low affordable mortgage, you can finally move into your dream home. We are equity builders!

GET IN TOUCH

2 Programs Available

Purchase Plus Improvements

Looking to buy a home that needs reno’s?

Only 5% Cash Down Required!!
Mortgage 95% including reno’s. Before Moving In!

Refinance Plus Improvements

Already own a home that needs reno’s?

Only 20% Equity Required.
Refinance 80% including reno’s!

Purchase Plus Improvements Example

You’ve found a home you like, however its not yet the perfect house for you. So you need to replace the roof, upgrade the windows, renovate the kitchen. Let’s say the total of these upgrades is $50,000.

$0
PURCHASE PRICE
$0
Purchase Plus Improvements
$0
All In One Price
$0
5% DOWN PAYMENT
$0
MORTGAGE AMOUNT

All in one mortgage

There is no lower interest rate then a mortgage rate.  Rather then use a line of credit or some form of other financing , you are going to save thousands in interest, because you bundle it under one low interest rate:
See Other % Rates

Renovate Now. Enjoy Now.

Most of us use every dollar we have as cash down on a purchase, leaving nothing left to renovate until years later, hoping we have built equity.  Purchase Plus Improvements program gives you the opportunity to build equity right away!  And make home your own.

Think Outside The Box.

Did you know… First Time Home Buyers can save over $8000 in taxes if they buy a house $500K or less.  And new mortgage rules require 10% cash down on a purchase above $500k!  If you can find a house to fix up and call home under these thresholds, you will save thousands that you put towards increasing the value of your property.  It can be tough to see past a house that needs a lot of work.  But imagine the benefits of paying less for a house, and making everything new and fresh!

HOW IT WORKS

#1

Find the house that you like, and we get you an approval “as-is”.

We get a firm price on the renovations needed, and have your mortgage approval revised to include the price of home improvements.

#2

We get to work, and complete all renovations before you move in.

Depending on the size of the renovation, you could be ready to move in anywhere from 2-6 weeks from date of purchase

#3

You now get to move in to your new home, That's worth more!

When completed. Renovations are verified by the bank.

Home Renovation

We love a good Home Renovation. In fact, it’s our pride and joy product offering. With a proven track record of improving your property and adding long term value to your home. We are excited to show you what we can offer.

GET IN TOUCH

SMALL HOME RENOVATION PROJECTS

Windows and Doors

Building envelope installs
Improve energy efficiency of your home
Proper tear out/installation method
Increase curb appeal
Increase Home Security

Flooring Installation

Tile Floors
Tile Backsplash
Hardwood Flooring
Laminate Flooring
Carpet/Linoleum Flooring

Painting

Exterior Painting
Interior Painting
Freshen up a room
Make your home your own!
Wall Repair and Treatment

LARGE HOME RENOVATION PROJECTS

EXTERIOR

Hardi | Batton Board
Roof Installation
Soffit Replacement
Attic Insulation
Gutter Installation

INTERIOR

Kitchen Remodel
Bathroom Remodel
Drywall Installation
T-Bar Ceiling Installation
Technology Installs
(WiFi, Thermostat, Security)

With as little as 5% down. The Purchase Plus Improvement program is the most affordable and practical way to renovate your property, regardless if you own it already or not. Lines of credit, loans, or high interest credit cards make renovating expensive. With the Purchase Plus Imrpovements program, you save interests cost by bundling it with your low interest mortgage rate!
Just because the bathroom needs redone, or the kitchen, or maybe it is not energy efficient enough. Customize the house the way you see it. This programs allows you to do the renovations when you move in now, not years later.
Whether you own the house already or are looking to buy. The purchase plus improvements program helps you build equity, because it ensures you put your money in the right places to improve your home for long term value.

FAQ

Why don’t I just borrow money for my renovation from a separate source?2022-01-27T10:25:46-08:00

You can and more then welcome too.  However the benefit of the Purchase Plus Improvements mortgage is you get an incredibly low mortgage rate PLUS a low renovation loan “All in One”.  You will not find any Home equity,  line of credit, personal loan, or credit card that comes close to saving you this much interest.

Why is the purchase plus improvements mortgage rate lower then typical?2022-01-27T10:24:12-08:00

Good Question. Because of our buying power as a licensed Mortgage Broker through the super broker network Verico Finex Lending. We are offered very low interest rates. But on top of that, in order to earn your business for your next home improvement project; we take a large chunk of our commissions earned by the bank and “buy down” the interest rate!

Talk to us. You’ll be impressed.

PAGES

INFORMATION

LEGAL

GET IN TOUCH

© 2021 – All rights reserved. • Paragon Pragmatic Lending • Powered by Pragmatic Developments Inc. • 1915 Foxtail Terrace Kelowna BC V1P 1T9 • BCFSA Brokerage License X301089

Go to Top