A Purchase Plus mortgage is an option which may be available for you to help make your new purchase into your dream home. Many times some updating is required, such as interior finishes, new floors, or a new bathroom, and so on. Renovations can increase the value or your home and right after you purchase the home may be the perfect time to make these changes. A Purchase Plus mortgage includes additional funds, will mean that not only is cost of your home covered, but also these renovations.
By working with the Mortgage Diversity Team, we can help you manage these updates and work through the process of Purchase Plus with you. In order to be eligible, we will work with you to attain quotes from contractors verifying the cost of the work, and any other specific terms and conditions that may be applicable. We work hard to make sure that you have everything you need and the best product for your specific situation, so don’t hesitate to talk to us today to get your new home with the improvements you want!