Insured Refinance when funds are used to build a legal suite!
What if your home could help pay for itself?
We have an exclusive lending program that allows homeowners to refinance their mortgage and add a legal rental suite—all in one step.
Here’s why this is a game-changer:
- ✅ Borrow against your home’s future value (“as improved value”)
- ✅ Finance up to 90% of the as-improved value (maximum $2M)
- ✅ Rental income from the new suite can be used to help qualify
- ✅ Options for up to a 30-year amortization to keep payments affordable
- ✅ Consolidate existing debt into your new insured mortgage
This program is designed specifically to help Canadians:
- Convert underutilized space into a legal rental suite
- Boost property value while creating a new income stream
- Contribute to housing availability in the community
Because this is a specialized product, it’s not available everywhere—only through select mortgage professionals like me.
If you’ve been considering adding a suite to your home, this could be the perfect time.
Call to learn how this program can work for you.
Its true, you can GET BEST RATES when you refinance / remortgage and use the funds to build a suite
This is the best way to put your home to work for you.
Mortgage Mark Herman, Best Calgary mortgage broker specializing in refi+renos