Starting in January 15th 2025, this program allows refinancing of insured mortgages for homeowners looking to add secondary suites to their home. Borrowers will be able to access up to 90% of the home value, including the value added by the secondary suite(s), with a 30-year amortization, capped at $2 million. It is designed for bigger builds like laneway homes, it offers significant financing power.

*Insured mortgages requires to pay one time mortgage insurance premium.