Household Plus Mortgage

Home loans for your extended family

Let's bring people together under one roof.

Our Household Plus mortgage lets residing family members or boarders contribute up to an additional 30% of the borrowers’ qualifying income.
Competitive rates and fees percentage sign

Competitive rates and fees

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In-house approvals and fast processing

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Clear and responsive answers

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Exceptional client service

Today’s household is defined by its members, and can even include multiple generations. To respect those meaningful ties and better meet your housing needs, our Household Plus mortgage lets residing family members or boarders contribute up to an additional 30% of the borrowers’ qualifying income. So, if the primary borrower earns $5,000 a month, another $1,500 can come from one or more adults who will live in the same single-family residence ($1,500 is 30% of $5,000).

 

Our Household Plus mortgage can help you:

  • Qualify for a larger loan by including income contributions from other household members.
  • Borrow up to 80% of the home’s value.
  • Buy a home or refinance an existing residence.
  • Access an attractive fixed rate.

To qualify:

  • Individuals contributing to the household income must be 18 or older, live in the primary residence and prove their income contribution is ongoing. Additional conditions may apply.
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