Since the arrival of the cold weather, *Patricia has been spending a lot of time at home. With winter well underway, she began dreaming of renovation projects to improve her living space.

Patricia knew that financing these renovations through her mortgage could be an advantageous solution. So, she decided to learn more by contacting us.

Together, we analyzed several important conditions and factors:

• Her current income
• The equity in her property, which is the difference between the market value and the mortgage balance
• The type of work she wanted to undertake

Patricia understood that financing her renovations with a personal loan costing between 5% and 12% interest or with revolving credit (credit card) costing more than 19% interest was often not the best financial decision. In comparison, mortgage interest rates ranged between 4.25% and 6.00%.

Before starting her renovations, we updated her budget and explored the available financing options. Thanks to this approach, Patricia will carry out her renovation projects while making sound financial choices.

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*fictitious name