Purchase Plus Improvements Mortgage
Making an offer on a Property that needs some work? No Problem!
Making an offer on a property that needs a Little extra TLC, windows, doors, flooring, even kitchen or bathroom repairs. Maybe you want to give your new property a facelift or install heat pumps. Certain lenders offer a Purchase Plus Improvements Mortgage that offer you anywhere between 10 to 20% of the purchase price to complete renovations. How this is done is when you submit your purchase application you must also have quotes for the work you would like to have done which will include materials and labour. This quote is sent to the bank with your application. The total amount of renovations will be added to your mortgage amount. The funds will be held in trust by your lawyer or by the lender until the work is complete. Once the work is complete the lender may ask for reciepts or they may do an inspection to insure that the work was completed as per the quotes you provided the bank with your mortgage application for your purchase. Once this is verified by your Lawyer / Lender the funds will be released to you to pay your contractor or to reimburse you for the renovations.
You will not pay a higher interest rate for this product. Contact me for more details
Military Mortgage Specialist
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Jennifer goes above and beyond. She is always on top of things, very professional and communication is top notch. The way she handles transactions and helps you through the process is just fantastic. Jennifer handled everything for us including setting up the apointment with the lawyer of our choice, and meeting us at the bank to introduce us. We are so glad we found Jennifer, not sure what we would have done without her. You rock Jennifer!!!!!!!!
Janet and Ben~ Military Clients posted to 14 Wing Greenwood 2012
Amazing mortgage broker! Jenn worked tirelessly to make sure everything was approved and that the mortgage was right for us. She's in the know of every lender and the stipulations they have for military families, making choosing the right company first priority. She was available no matter the time of day with any questions we had. Thanks Jenn, you definitely took care of making sure everything came together in time!
Stephen and Allison - Posted to Greenwood
Jennifer is a wonderful mortgage broker. She is quick and works on her own time not just 9-5. We had such a great experience we recommended her to all of our friends that are looking for a house. We are so happy and we are glad to call her our friend not just our mortgage broker.
First Time Home Buyers - Jeremy and Megan - Posted to 14 Wing Greenwood 2015
Jennifer went above and beyond to get the right mortgage for our family. We got a lower interest rate with a different lender and Jennifer did all the leg work. Even better, while the paperwork was being processed, the interest rates dropped a little and she took the initiative to make the necessary changes to ensure we got an even better rate than we were already negotiating. Best of all, she just showed up at our door for us to initial the changes.... that's all we had to do; initial the changes. Wherever I am in the country, Jennifer is now my mortgage broker for life.
Ryan and Alana - Greenwood
Jennifer helped to make buying our first home together seamless. Despite a tight timeframe and working with us from across the country, she consistently answered our (many!) questions immediately, helped us every step of the way in a professional yet super friendly manner. She was an absolute pleasure to work with, and we would recommend her to anyone.
First Time Home Buyers - Sean and Stephanie Posted to 14 Wing Greenwood 2014
Absolutely amazing experience. As first time home buyers and in the midst of a huge move through the military, we were rushed and clueless and overwhelmed. Jennifer took so much stress off and helped us all the way into our beautiful new home. Professional, knowledgeable and a shining light for us! We will defiantly be using her when we move back again!
Chandra and Chris - SK
My husband and I had the privilege to work with Jennifer last year when we got posted. Being a military family, we were very impressed with her military knowledge. Jennifer worked around the clock to ensure that we found the best mortgage. She even took it upon her self to ensure that our transition to our new home went smoothly by working while vacationing with her family. We highly recommend Jennifer!
Dan and Vanessa - Posted to Ottawa
Jennifer goes above and beyond. When we purchased our first house, she educated us about everything we needed to know, was always available day or night, and her honest and caring approach to her job made us feel comfortable during the whole process. She is amazing and loves what she does and it shows in her great success!
John and Ashley - Posted to Greenwood
Our experience with Jen was fantastic, in the little time that we had in Greenwood before the move Jen was very accommodating and helpful. We really appreciated the back and forth communication though email answering my husbands many questions and easing his mind!
Jean Luc and Trista - Posted to 14 Wing Greenwood 2014
All military member should go see Jennifer! She offer the best rate with no penalty when you get posted!
Dave and Marina - Posted to Greenwood
si vous avez besoin d'un agent pour vous aider a avoir un prêt hypothécaire contacter Jennifer Gaudet, Elle nous a aider a trouver un juste milieu sans être retenue a la gorge avec notre prêt, nous a expliquer tout se que nous avions besoin et nous a même donner des conseil judicieux sur d'autre petit truc monétaire..je vous la conseille fortement
Acheteur de leur toute première maison Natasha et Charles - to Ottawa- 2013
My fiance and I had a very pleasant experience with Jennifer. When buying our first home I was a bit intimidated by a lot of the process but Jennifer was very patient, explaining in great detail the ins and outs of the process and making time for us whenever we needed her. We truly felt that all of us were purchasing the home together, she made us feel that comfortable. We still email her to this day with questions and we receive a response usually within the same day.
Will and Rebecca - Posted to Greenwood
I will begin by saying we can not thank you enough for your kind knowledgeable support in our search for our first home. Throughout the process you made us feel comfortable and we felt that you always had our best interest at mind! There was not time that you did not have a speedy response, even when in emergency!! You are truly outstanding and should be proud of what you do!
First Time Home Buyers Michelle and Chris - Kingston NS - 2015
Hello Jen! Thank you so much for the lovely card and jar of salsa I'm assuming you made. Amanda and I haven't dug into it yet, but once we have a movie night we're going to go out and pick up some nachos and snack on it! As for the house, everything is wonderful, Amanda and I couldn't be more happy with it. It was unbelievable how fast it happened but we're both so happy to be home owners now. And you helped greatly with that, you made a very intimidating task very simple and straight forward. I will be sure to recommend you to the new guys getting to the firehall they are all in the market for buying a house. I'll send them your way! Again, such a pleasure meeting you, and thanks for all the help along the way.
First Time Home buyers - Vince and Amanda - Kingston NS 2015
Jen worked with me patiently for quite a while, as two different properties fell through, after having offers accepted due to problems outside of our control, like asbestos found on inspections. About a year after first contacting Jen I finally found a suitable property and Jen pulled out all the stops to get a fast approval for me. Because Jen isn't tied to any particular mortgage provider she was able to find me a perfect fit for my situation, at an excellent rate. I certainly tested Jen on all aspects of the mortgage process and she was always willing to explain everything to me clearly and concisely. I really can't recommend Jen high enough - if you're looking for a mortgage you won't find a more dedicated, customer focused and knowledgeable broker than Jennifer Gaudet.
Chris - Posted to Greenwood
As potential first time home buyers we wanted to know our options, where to start, and how the process even worked for that matter. Working with Jen took away the stress of looking to buy in a new province. She went above and beyond. We would recommend her in a heartbeat. She is wonderful to work with.
Danielle and Josh - potential First Time Home Buyers - posted to Greenwood