Legal basements starting at just $60,000. Make your project affordable with options starting at 0% financing
0% for 12 months
$7,083
3% for 60 months
$1,507
5% for 84 months
$1,068
6.5% for 120 months
$852
Best for: Those with savings available
Best for: Most homeowners
Best for: Those with good credit
Best for: Those with significant equity
Best for: Those who want certainty
Best for: Smaller projects
✓ Breaks even in 4-5 years
✓ Property appreciation bonus
✓ Breaks even in 6-8 years
✓ Significant property value increase
| Option | Interest Rate | Term | Approval Time | Best For |
|---|---|---|---|---|
| Cash Payment | 0% | N/A | Immediate | Savings available |
| Payment Plan | 0% (if on time) | Project duration | Immediate | Most homeowners |
| Bank Financing | 0% - 8.99% | 12 - 84 months | 48 hours | Good credit |
| HELOC | Prime + 0.5% | Flexible | 3-5 days | Significant equity |
| Home Equity Loan | 4.99% - 7.99% | 5 - 15 years | 5-7 days | Fixed payments |
| Personal Loan | 4.99% - 21.99% | 2 - 7 years | 1-3 days | Smaller projects |
For bank financing, typically 650+. Our payment plan option has no credit check. HELOC usually requires 680+.
Yes! Most financing options allow early payoff with no penalty. This means if your rental income increases, you can pay down faster.
No problem! Our payment plan option requires no credit approval. We can also help you find alternative lenders.
Absolutely. Many clients refinance after 12-18 months to better terms once the basement/suite generates income history.
Payment plan: immediate. Bank financing: 48 hours. HELOC: 3-5 days. Personal loan: 1-3 days.
We'll help you find the perfect financing option for your project
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