JESSE BRUN

If you’re a home builder in St. Catharines ON looking for financing, we can help. As a home builder or developer in St. Catharines ON it’s important to know that there’s financing solutions for you. While traditional banks are showing less and less interest in financing home builders and developers in St. Catharines ON there’s alternative lenders that are filling in the gap and helping home builder with the much-needed construction financing. When it comes to getting financing for home builders in St. Catharines ON our office utilizes private construction lenders that understand construction financing and understand that home builders can’t always provide proof of income or have pre-sales. Our construction financing solutions for home builders in St. Catharines ON are more based on the equity in the project as opposed to credit ratings, cashflow or pre-sales. 

Why choose our mortgage services to get construction financing for your projects

If you are tired of dealing with banks and not getting the financial support you need, we can offer you the best construction financing solutions. Our construction lenders are competitive and they support many home builders and developers in St. Catharines, ON. Our lenders also have better methods to quickly fast-track the approval process. As a bonus, our lenders do not have any credit score, income, or presale requirements.

If your project is denied financial support by the bank or if you want to complete more projects faster, we are at your service to help you. Call (888)878-4660 and chat with us for an expert opinion about your project.

We are confident that when you connect with us, we can help to remove all headaches and hassles to get you the money to start your construction or development project as soon as possible. If you have money problems for your profitable projects, we have solutions.

Feel free to visit our construction loan website which shows in more details our private construction lender solutions for home builders and developers in St. Catharines ON. The website is: www.ezconstructioncapital.com

Our mortgage office specializes in providing bad credit construction loans in St. Catharines, ON. We have years of experience working with individuals who have bad credit, and we understand the challenges that you may be facing.

When you choose our mortgage office for your bad credit construction loan, you can expect:

• Personalized service
• Expert advice & guidance
• Flexible eligibility requirements
• Experience construction mortgage agent
• Fast construction approvals

To get started, simply give us a call at (888)878-4660 or fill out the short form on the top left-hand side of our website. We'll be happy to answer any questions you have and help you get the financing you need to build homes in St. Catharines.

Below is a list of words that are associated with getting a construction loan. We are providing you the list along with their definitions to help you in your construction journey:

1.  Draw schedule: a timeline of when and how much money will be disbursed during the construction process, usually based on certain milestones being met.
2. Appraisal: an estimate of the value of a property, typically done by a professional appraiser.
3. Builder's risk insurance: insurance that protects against damage or loss during the construction process.
4. Certificate of occupancy: a document issued by a local government agency that certifies that a newly constructed building meets all local building codes and is safe for occupancy.
5. Lien: a legal claim against a property, usually filed by a creditor who is owed money by the property owner.
6. Mortgage broker: a middleman who helps borrowers find and apply for mortgages, typically by working with a network of lenders.
7. Construction-to-permanent loan: a type of mortgage that allows borrowers to finance both the construction and the long-term financing of a new home or other real estate project.
8. Construction loan: a short-term loan used to finance the construction of a new home or other real estate project.
9. Inspection: a process in which a professional inspector examines a property to ensure that it meets all relevant safety codes and standards.
10. Closing disclosure: a document that outlines the final terms of a mortgage loan, including the interest rate, closing costs, and other fees.
11. Loan-to-value ratio: a comparison of the amount of money borrowed to the value of the property being purchased.
12. Equity: the difference between the value of a property and the amount of money owed on any outstanding loans.
13. Construction contract: a legal agreement between a property owner and a contractor that outlines the terms and conditions of a construction project.
14. Disbursement: the process of releasing funds from a construction loan to pay for materials, labor, and other expenses.
15. Contingency fund: a reserve of money set aside to cover unexpected expenses that may arise during the construction process.
16. Title insurance: insurance that protects the lender and/or the homeowner against any title defects or disputes that may arise.
17. closing costs: the fees associated with finalizing a mortgage or real estate transaction, including things like appraisal fees, title insurance, and attorney fees.
18. Building permit: a document issued by a local government agency that authorizes the construction of a new building or renovation of an existing structure.
19. Interest-only loan: a type of loan in which the borrower only pays interest for a set period of time, with the principal due at the end of the loan term.
20. Architect: a professional who designs buildings and oversees their construction.
21. Blueprints: detailed plans for a construction project, typically drawn up by an architect or engineer.
22. Zoning laws: regulations that dictate how land can be used in a given area, typically set by local governments.
23. Subcontractor: a professional hired by a contractor to perform specific tasks, such as electrical or plumbing work.
24. Certificate of substantial completion: a document issued by a project manager or inspector that certifies that a construction project has been completed to a certain degree.
25. Construction lien waiver: a document signed by a contractor or subcontractor that waives their right to file a lien against a property in exchange for payment for their services.
26. Change order: a written document that outlines any changes to the original scope of a construction project, typically used to update project plans and budgets.
27. Punch list: a list of final tasks that need to be completed before a construction project can be considered fully finished.
28. Loan servicing: the process of collecting loan payments, managing escrow accounts, and other administrative tasks related to mortgage loans.
29. Loan origination: the process of applying for and obtaining a mortgage loan.
30. Mechanics lien: a legal claim filed by a contractor or subcontractor against a property owner who has not paid for their services.
31. Homeowner's insurance: insurance that protects against damage to a home or other property, typically required by lenders as a condition of a mortgage loan.
32. Title search: a process in which a title company reviews public records to ensure that there are no outstanding liens or other claims against a property.
33. Escrow: a financial account held by a third party, typically used to hold funds for property taxes, insurance, and other expenses.