The Purchase with Improvements and Refinance with Improvements product provides home buyers/owners with the opportunity to make improvements to their home and allows the homeowner to borrow against the increased value of the property.
Cottage
Conventional and Insured financing is available for purchases (refinance is available for conventional only) of quality cottage properties that may not be accessible year-round or is accessible year-round but does not meet all standard property criteria.
Recreational/Vacation Properties
Recreational properties are quality properties suitable for year-round road access, potable water and septic system, electrical and heating supply as per residential standards.