Whether you're a first-time homebuyer or an experienced homeowner, a construction mortgage can be as unique as the project you're financing. Some projects that are good candidates for a construction loan include:
Go for more than basic with a variety of mortgages from East Coast CU. Borrow equity from your home to make purchases, or add to your mortgage and renovate when you buy.
Use the equity in your home to make purchases you need. Explore the possibilities while lowering your borrowing costs with this mortgage option.
Start your DIY right after you buy. Renos don’t have to wait with this flexible solution that rolls costs right into your mortgage.
The Greener Homes initiative from Efficiency Nova Scotia offers grants of up to $5,000 to help homeowners make energy efficient upgrades to their primary residences. To qualify, Canadians must obtain an EnerGuide assessment prior to installing any upgrades.
Use our loan calculator to determine the amount you can borrow and what your repayment schedule might be.
These calculators are made available to you as tools for independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy. All examples are hypothetical and are for illustrative purposes only. Please visit your branch to seek personalized advice from qualified professionals for all personal finance issues.
Already signed on the dotted line? Find tips and tricks about renovations, home maintenance, and financing in the articles below.
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Welcome to homeownership, where maintenance is a year-round job. Be prepared for every season, and the changes they bring to your home and your budget.
From navigating buying a home and picking the mortgage that's right for you, I am here to provide honest and transparent expert advice to help members make their dreams come true.
Mortgages can be complicated—know your options with expert guidance from advisors like Anastasiya: