Home Renovation Mortgage Loan
Many families are deciding to stay in their existing homes rather than building new.
With the high cost of new homes in centres like Calgary and Edmonton, many Albertans are choosing to renovate. With established neighborhoods, familiar schools and shopping centers, plus with all the television shows dedicated to home renovation, it’s no wonder why this market is growing.
Whether you’re renovating yourself or having a professional do the work, it can become expensive. Most of us we need some financial help with this process. Alberta Equity has a home renovation mortgage product that may be your best option.
Fill out our easy to use secure mortgage application and enjoy living in your dream home, rather than worrying about how you are going to pay for it!
Homes Requiring Repair
The 1996 Census of Canada (Statistics Canada, 1999a) determined that 5.4% of all occupied private dwellings in Calgary required major repairs.
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