Many homeowners have turned to renovation as a cost-effective alternative to selling their home and buying a new one. In addition to sprucing up your home and making it more attractive to inhabit, the right renovations can increase its resale value.
Scotiabank offers a number of efficient financing options to best meet your needs. The cost of your renovations can help determine which option is best for you. Begin by figuring out how much money you need and when you need it i.e. do you need it all up front or at stages as the job progresses?
There are options available to you depending on the size of home renovation:
Small
<$5,000
Medium
$5,000 - $20,000
Large
>$20,000
Cash
ScotiaLine® VISA, ScotiaGold Passport™ VISA
ScotiaLine® Personal Line of Credit, ScotiaLine® VISA Account