![Couple looking at color swatch during kitchen renovation Couple standing by the table and looking at color swatch during kitchen renovation](https://www.epnb.com/wp-content/uploads/2019/06/iStock-1004349154-1140x475.jpg)
E-Z Renovation Loan
ENB offers an option whereby smaller renovation costs may be held in a completion escrow account instead of setting up a full construction loan and draw schedule.
- Simplified process for smaller renovations*
- Available on both purchase and refinance transactions
- Up to 95% financing based on the “as completed” value of the property
- Up to 60 days from time of settlement to complete the work
- Up to 20% advance to contractor**
- All work must be completed by a licensed contractor
- Available on a variety of ENB products including GreatStart and WealthBuilder