Are you looking to your dream home? We specialize in new construction mortgages and or pre-construction because we realize not everyone wants to buy an existing house. Some people prefer to have a brand new house constructed instead. If you’re wondering if there’s a mortgage for building a house, the answer is: Yes!
Our mortgage recipe allows you to draw down on the full amount of the mortgage at pre-determined stages of the home construction, giving you the freedom to build your perfect dream home.
Construction mortgages are given on a progress advance basis. The full amount that you need to borrow in order to complete your construction is given to you in stages, known as “draws” which you’ll receive as you complete various levels of construction.
Whether you already have the land or still need to buy it, we can help.
Reach out today and let me do the rest!