Purchase Plus Improvements is a type of mortgage that allows a home buyer to borrow extra funds on their mortgage for home renovations.  When buying a used home, quite often there will be minor fix ups and repairs or improvements to be made.  Adding this debt to the purchase mortgage is a great way to keep new home owners from using higher interest credit to add value to a property that they just purchased.

In my YouTube video below, I explain how getting these extra funds can help to turn a fixer-upper into a forever home with the Purchase Plus Improvements Mortgage Program.