So everything is great!! All monies received and paid out.
We want to thank you again for all your help. You came through at a time when the banks said they couldn't (wouldn't is more like it), help us. Even with our good credit. You worked hard and got us a great mortgage rate, and the money we gained by remortgaging allowed us to consolidate almost all of our debts. We both wondered how hard the whole refinancing process would be without actually meeting and doing everything over the phone and by email, but you made the whole experience easy and worry free.
We will definitely recommend your services to any and all our friends!!
Your professionalism and knowledge was a Godsend!
Thanks VERY much!
As the city of Toronto, ON continues to grow and develop, many home builders in Toronto ON are struggling to get home builder loans from traditional banks. That's where construction loans specially designed for home builders in Toronto ON can help.
If you’re a home builder in Toronto ON looking for a home builder’s loan it's important to understand that there might be alternative financing options available to you. There are mortgage solutions specially designed to help home builders and developers in Toronto ON finance their projects and meet the demand for new housing. Using these loans for home builder solutions can help maximize profits and keep your construction crews working.
When it comes to loans for home builders in Toronto ON our office uses 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 Toronto ON are more based on the equity as opposed to credit ratings, cashflow or pre-sales.
Why choose our mortgage company for a home builder mortgages in Toronto ON?
If you are tired of dealing with traditional banks and not getting the financial support you need, we can offer you the best construction financing. Our construction lenders are competitive and they support many home builders and developers in Toronto, ON. Our lenders also have advanced methods to quickly fast-track the approval process. As a bonus, our construction lenders do not have any credit score, income, or presale requirements.
If your construction 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 the headaches and hassles to get you the money to start your construction 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 Toronto ON. The website is: www.ezconstructioncapital.com
Our mortgage office specializes in providing bad credit construction loans in Toronto, 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:
Our team of experienced mortgage professionals can answer any questions you have and provide expert advice on financing your new home construction project.
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:
A construction draw mortgage is structured to release funds to the borrower in stages, as construction progresses. Here's a brief explanation on how a construction draw mortgage typically works in Canada using 3 draws:
In general, the borrower will only pay interest on the funds that have been drawn from the construction draw mortgage, rather than on the entire loan amount. This can help to keep monthly payments lower during the construction period. However, it's important to note that the interest rate on a construction draw mortgage is typically higher than on a standard mortgage loan, due to the increased risk associated with construction projects. The lender may also require periodic inspections of the construction site to verify that the work has been completed before releasing each draw.