Financing Solutions

Purchase plus improvements

• Incorporate cost of improvements into purchase price
• As little as 5% down payment on total price
• Funds for home released upon closing date and improvement funds released on completion (90 days)

Refinance

• Withdraw equity up to 80% of your current house value
• Funds available immediately upon completion of the mortgage at the lawyers
• Take advantage of current mortgage rates

Refinance plus improvements

• Withdraw equity up to 80% of the improved value
• Receive 80% of the ‘as is’ value and final portion upon completion (90 days)
• Take advantage of current mortgage rates

Home Equity Line of Credit

• Can be registered as a first or second mortgage
• Interest only payments
• Fully open for prepayment

Construction Mortgage

• Funds will be released at various stages of construction and inspections
• 95% financing on a purchase; 80% financing on an existing home
• Mortgage rate to be set according to Lender’s policy

Through pre-established relationships with two local lenders Little House can suggest financing options to suit your lifestyle: