Construction loan program: Fast, Flexible Financing for Your New Home
Traditional lenders can make obtaining construction draw mortgages a lengthy and burdensome process, especially for self-employed individuals. That's why we've developed a construction loan program that ensures a smoother and more efficient experience for all. Here are the key benefits:
Quick Turnaround Time: We understand the urgency of progress draws, which is why we can visit your site on the same day you request funds. In some cases, we can even provide funding on the same day. This means your project can progress without unnecessary delays.
Streamlined Documentation: Unlike traditional lenders, we have simplified the documentation requirements. We recognize the challenges faced by self-employed individuals, so we offer a more flexible approach to financing, reducing the paperwork and liquidity demands.
Stress-Free Process: Our construction loan program is designed to offer a seamless process for borrowers. With our fast funding and flexible lending criteria, you can complete your project on time and within your budget. Say goodbye to the hassles and frustrations of dealing with traditional lenders.
Flexible Draw Structure: We can finance up to 65% of the completed property value, providing you with easier and more affordable project financing. Our draw structure is also designed to be flexible, ensuring you know precisely what is required for each draw release. This way, you can optimize the efficiency of your build.
Our construction loan program offers fast, flexible financing for new home construction, catering to the needs of self-employed individuals, those constructing their own homes, and anyone seeking a smoother building process. Please note that our program is currently available only in HRM and Greater Moncton.
Experience a streamlined construction loan process with us and achieve your dream home on time and on budget.
