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Under an Zero20, you can get credits for value-enhancing home renovations that you undertake. |
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| In particular, you can benefit from any increase your improvements add to the value of your property by asking for that amount to be taken into consideration later when your Zero20 repayment amount is calculated. |
| This happens when you sell the property or repay the Zero20 for some other reason provided your improvements were approved before they commenced. |
| Please note that the amount you spend and the value of your property must increase by at least $20,000 before approval for your improvement may be obtained. |
| Zero20 approval is also subject to formal credit approval and compliance with the guidelines set out in the Zero20 Terms and Conditions Booklet (see below). |
Please carefully read and review the Zero20 Disclosure Document. This website does not take into account your personal objectives, financial situation, or particular needs. You should obtain a copy of the Zero20 Disclosure Document and the Zero20 Terms and Conditions Booklet and consider them before making a decision about whether to enter into a Zero20 Home Loan.
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