Whether you are wanting to build that new kitchen or bathroom you’ve always dreamt of, or whether it is to finally finish that basement suite so you can rent it out, there are many options and products available to you.
Maybe you would like to add a HELOC to the new mortgage where you only pay interest on what you use, and can pay it off as quickly as you would like with no penalty, or we could add the amount of money needed for the renovation into your new low interest mortgage.
Either way, using equity in your home for improvements is an exvellent strategy to increase the value of your home.