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Transforming Properties to Make Housing More Affordable

Transforming Properties to Make Housing More Affordable

At OCU, we believe that everyone deserves a place to call home. With housing affordability becoming a significant concern for many, innovative solutions are needed now more than ever. That’s where OCU steps in. Our Multi-Unit Financing is designed to help homeowners and developers alike transform properties, creating affordable housing options and strengthening our communities.

How OCU Can Help

OCU offers a range of flexible financing options tailored to support your unique goals, whether you’re looking to:

  • Expand Your Home: Adding a suite or carriage house can provide additional living space for family members or tenants.
  • Convert Your Property: Transforming your home into a duplex, triplex, or multiplex can create new rental opportunities.
  • Build Standalone Structures: Constructing laneway homes, garden suites, or modular homes on your property can add significant value and provide much-needed housing options.

Financing Options

We understand that every project is different, which is why OCU offers a variety of financing solutions. Depending on the vision for your property, it might be a personal loan, line of credit or mortgage. If you are looking to build multiple suites, a commercial loan or mortgage might be right for you. An OCU mortgage specialist can talk you through the options, helping you transform your property or home.

Benefits of Multi-Unit Construction

Redeveloping your property into multiple units offers numerous benefits:

  • Support Family Needs: Create affordable living spaces for aging parents or adult children.
  • Generate Income: Renting out additional units can provide a steady source of income.
  • Future-Proof Your Home: Adapt your property to meet future financial or housing needs.

Realizing the Potential of Your Property

At OCU, we’re more than just a lender; we’re your partner in transforming your property. Our team of experts is dedicated to helping you navigate the complexities of multi-unit construction and find the best financing solution for your project. We’re here to provide guidance, support, and the resources you need to succeed.

Get Started Today

Ready to take the next step in transforming your property? Contact OCU today to learn more about our Multi-Unit Financing options. Whether you’re adding a suite, building a carriage house, or converting your home into multiple units, we’re here to help you every step of the way. Visit us online or call now to explore how OCU can support your vision.