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Government Programs
The CMHC Improvement Program
The CMHC Improvement program allows mortgage professionals to offer greater financing choice to borrowers who are building new homes or who want to undertake small or large scale improvements to existing homes where the improvements will increase the value of the property. It features CMHC-insured advances during the improvement period with flexible advancing options to meet financing needs.
For details see http://www.cmhc.ca/en/hoficlincl/moloin/hopr/upload/CMHC-Improvement.pdf
Due to regular changes in government programs, OMDREB doesn't guarantee that this is the most recent data. Please see individual websites for the most up-to-date information.
