Construction Loans

Construction loan mortgage provides funds to start or complete any construction or renovation project, residential or commercial. If you are adding an addition to an existing property, renovating or building a new construction, financing is available for all stages of the development cycle – land, construction and inventory loan.

 

Construction mortgages are available for:

• Subdivision land service
• Residential and commercial new building projects
• Builder inventory
• Renovations, conversion and expansion for changing uses of real estate
• Efficient draw process to meet timely capital requirements
• Flexible custom–tailored product based on borrower’s specific requirements
• Short–term commercial mortgage; 1 to 3–year term
• Residential homes, condominiums and townhouses
• Apartment buildings, commercial centers, plazas and recreation sites
• Hotels and motels
• Factory plants and industrial buildings

 

We work with you to provide funds that will complete your project and secure flexible payment options you need to maintain high cashflow. Interest only, open mortgage with ability to lock in to decent fixed–rate mortgage available once construction completes.

 

Interest rates start at 3.5% and mortgage range from $50,000 to $100,000,000.

 

Connect with us today, we’ll assess your overall construction needs and provide the best feasible solution.