Renovation Financing

Turn your current home into your dream home. Access your equity to fund the upgrades that matter most to you.

Renovation Financing

Whether you're planning a kitchen overhaul, finishing a basement, or building an addition, renovation financing lets you use your home's equity at a much lower rate than personal loans or credit cards.

From a simple HELOC to a purchase-plus-improvements mortgage, I'll help you find the right option for your project and budget.

Renovation Financing Options

  • Home Equity Line of Credit (HELOC)
  • Mortgage refinance with equity take-out
  • Purchase-plus-improvements mortgage
  • Secured line of credit
  • CMHC-backed renovation mortgages (where applicable)
  • Bridge financing for major projects

Why Work With Gagan Luna

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Fund Any Project

From small upgrades to full renovations — financing for projects of any size.

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Lower Than Credit Card Rates

Home equity rates are dramatically lower, making your renovation far more affordable.

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Add Value to Your Home

Strategic renovations can increase property value — often returning more than you spend.

Frequently Asked Questions

Q: What is a purchase-plus-improvements mortgage?

This lets you roll renovation costs into your mortgage when purchasing a home. Funds are released to contractors upon completion.

Q: How much can I borrow?

Through a refinance or HELOC, typically up to 80% of your home's appraised value minus your current mortgage balance.

Q: Do I need contractor quotes?

For most renovation mortgage products, yes. Lenders want documented estimates to confirm costs and the anticipated increase in property value.

Ready to take the next step?

Book a free, no-obligation consultation and let's find the right mortgage for your situation.

Apply Now → Contact Gagan