Construction Mortgage
Are you planning to build your dream home? That’s fantastic! We’re here to help you every step of the way. Many homebuyers today prefer constructing their own houses rather than purchasing an existing one, as they seek custom homes that cater to their unique needs. While building your own home is an exciting journey, it does come with its costs.
Before mortgage approval, the stages of construction are defined, and the mortgage amount is disbursed according to these predefined stages. You must complete each level of construction to qualify for the next disbursement of funds.
A construction mortgage allows you to access the full amount of the mortgage at specific stages throughout the home-building process. These mortgages are provided on a progress advance basis. I am here to assist you with financing from the initial land purchase all the way through to the completion of your project.
Frequently Asked Questions
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