The financing for the Home Renovation Project is performed through our financial partner iFinance Home Improvement.
This is the process to be followed:
Frequently Asked Questions
The loan granted is a HOME RENOVATION LOAN. Only the registered homeowner on the title of the property can apply for this loan.
*** There will be a HOV – Home Ownership Verification task to be fulfilled by iFinance Home Improvement.
In the event that you are not eligible for the full amount requested, a coborrower may be added. This person does not have to be registered in the title of the property.
Proof of income (last pay slip or latest T4) is required by both, the principal applicant and the coborrower if this is the case.
Yes, the Home Renovation Loan via iFinance Home Improvement is an open loan. This means it may be paid off at any point in time and this decision will not come attached with any type of penalties.