Purchase Plus Renovations in Vancouver, BC Looking for Purchase Plus Renovation? Have you fallen in love with a home that may need some TLC? There’s a solution for you to pay for your renovations, using only one mortgage. With as little as a 5% down payment you can get the financing needed to make a fixer-upper into your home sweet home. There is even a similar program available for refinances that is great for homeowners that do not quite have enough equity that can be used for upgrades. These programs are particularly popular for homes that need kitchen or bath upgrades, and for houses with partially completed basement suites. We’ve written a great article about the program. The program is meant to make a home that is in a great location just a bit better by renovating what you don’t like. However, you can also use the program to make an “unmortgageable” home mortgageable again by improving things like old wiring or asbestos piping. Our Process Personalized Mortgage {} Together we develop mortgage strategies with pre-payment scenarios tailored just for you. This important step allows you to pay down your mortgage faster while paying less interest overall. Most importantly, we go over “Payment Shock” and how to avoid it. Book A Free Consultation. You should get the best mortgage possible! Request a free consultation and we’ll handle the rest. First & Last Name Phone Email How can we help? How did you hear about us? Select ItemReferralIndustry eventGoogle searchSocial mediaOther Book Now Our Mortgage Services Learn More First-Time Buyer? We are here to help you learn more about the mortgage process & how to find the best mortgage solution for you! Button navigation Learn More Renew / Refinance? Congratulations on your maturing mortgage… Now let us help you get a better rate! If your mortgage renewal is fast, now may be a great time to look at the other mortgage options and competitive rates that are available. Button navigation Learn More Advanced? For those looking beyond the more standard mortgage options, we can help you find the right advanced strategy for your home. Button navigation The Pinsky Home Buying Process We’re looking forward to providing you with the mortgage advice and service all of our clients and referrals have come to expect. [01] Review lenders, mortgage options, and mortgage types Not all mortgages or lenders are created equal. We will go over available mortgage options and highlight the features you may want based on your future financial goals. [02] Determine a timeline for your purchase Your purchase timeline dictates whether a pre-approval should be started or, if you have a home under contract, a firm approval should be processed right away. array(4) { [0]=> string(85) “https://pinskymortgages.ca/wp-content/uploads/2022/06/iStock-1322925955-1600×1067.jpg” [1]=> int(1600) [2]=> int(1067) [3]=> bool(true) } [03] Submit required documentation Your pre-approval is contingent upon lenders having your income documentation, down payment confirmation, and your credit bureau. [04] You and your Realtor will analyze your needs, wants and priorities for your new home Determine the type of home you are interested in purchasing. Your Realtor will help you find and rate properties based on criteria you create together. [05] Tour properties with your Realtor After looking at properties, you will find a home that fits your needs. [06] You and your Realtor decide on a desired purchase price The sellers will either accept, reject, or counter your offer. This process will go on until a mutual agreement is met. array(4) { [0]=> string(78) “https://pinskymortgages.ca/wp-content/uploads/2022/06/Team_Header-1600×900.jpg” [1]=> int(1600) [2]=> int(900) [3]=> bool(true) } array(4) { [0]=> string(76) “https://pinskymortgages.ca/wp-content/uploads/2022/06/Agents-1-1600×1067.jpg” [1]=> int(1600) [2]=> int(1067) [3]=> bool(true) } [07] Provide property information to Pinsky Mortgages Submit your closing contract, MLS listing, Property Disclosure Statement and Form B with its attachments. [08] Mortgage submission and your 3 Unique Mortgage Bids With a closing date in mind, we will be able to provide you with 3 competitive mortgage bids for your mortgage. Your initial pre-approval will be included in your options. [09] Property due diligence Have the home inspected by a qualified home inspector, read the strata minutes (if applicable), and become acquainted with any other relevant property information. At this time, an appraisal may be required by the lender. [10] Make arrangements Make arrangements with your: Conveyancing lawyer or notary Home insurance specialist Personal insurance specialist Movers or book your moving truck array(4) { [0]=> string(82) “https://pinskymortgages.ca/wp-content/uploads/2022/06/Our-Services-1-1600×1067.jpg” [1]=> int(1600) [2]=> int(1067) [3]=> bool(true) } [11] Completion Day On the completion day, your lawyer will handle the money and title transfer on your behalf. What our clients are saying After several last-minute letdowns from multiple local brokers only to be denied due to an unknown 3rd party’s neglect, I found Pinsky online with great-sounding reviews. I had barely left an email when suddenly Eitan was phoning me. After explaining my dilemma and the limited time frame he assured me it wouldn’t be a problem and not to worry anymore. There was no shortage of obstacles but Parmeeed and Eitan took the challenge and came through for me when no one else could. This morning I received a call from my new mortgage lender welcoming me to their bank. I am so grateful my Karma was in my favour to have found them. It goes without hesitation that I will recommend Pinsky Mortgage. — John Tait My partner and I primarily worked with Adam Clarke and could not have had a more positive experience purchasing our first home. Adam and team were extremely professional, responsive and very easy to work with. Adam guided us through the whole process and patiently answered every little question we had (and there were many). We would definitely recommend Pinsky Mortgages to everyone! — Caroline Graham A truly amazing team of professionals! Buying a place in this market can be very stressful, but Pinsky Mortgages were very supportive and helpful throughout the whole process. We always felt that we are in good hands. A special thank you to Adrianna for always being there to help and answer all our questions (we had a looooot of them). It’s so great to work with people who care! — Anastassiya Portnyagina Eitan and his team are extremely professional and guided us through the purchase of our first home. They were very responsive and made us feel confident that we understood the process from start to finish. Thank you to the team – we could not be happier with the end result! — Annie Stewart We could not have expected better! We worked with the A team (Adam C mostly). Adam was so on point and really got us a sweet deal. He was very helpful and friendly. He made the whole process so much simpler and stress-free, as he was on top of everything we needed. I would absolutely recommend working with him and Pinsky Mortgages. — Jeremy Bottein 5.0 on Google | Leave a Rewiew