Whether you want to build a home for yourself or a speculative (spec) home to sell on completion, we have you covered with fast and flexible construction mortgage options.
Use the loan to cover the purchase of the land, tear down costs, building materials and hiring the general contractor.
You can get financing for up to 65% of the as-completed construction cost. And on completion you can recover some of that equity by converting to an 80% Loan to Value mortgage (oac).
My team has built industry connections with developers over the years. If you haven't found a builder or general contractor, I can help make an introduction.
When the new home is done your construction mortgage will be converted to a standard mortgage at a competitive interest rate.
As a mortgage broker, my business depends on referrals from people just like you. Check out the feedback from a few of my past clients.
We’ll meet for about 30 minutes and discuss your goals and concerns. There's no obligation, and by the end of the call you’ll know if a home equity mortgage is the right solution for you.
Send over a few key documents. Our team of experts will review them and walk you through the entire approval process, step-by-step.
You can get the mortgage funds within 3-4 weeks after you send me all your documents. But don't worry, there's no rush. You can take as long as you need.
Still have questions about construction financing? Book a discovery call.