Construction Loans

Construction Mortgages

Typically used when the borrower is building a new home from the ground up, or doing major renovations (either through a professional builder or by yourself).

A construction mortgage depends on many different conditions. The type property you’re building, amount of construction required, how long construction will take - we’ll consider all of that.

Construction mortgages advances you the full amount of the mortgage, in stages, throughout the construction period. You can also get a construction mortgage that acts as a conventional mortgage.