JESSE BRUN

As the city of Ottawa, ON continues to grow and expand, many people in Ottawa, ON are looking for ways to finance their home renovation or construction projects. One option that may be available to them is a private construction loan. Our mortgage firm offers private construction loans to people in Ottawa and the surrounding areas, providing a flexible and personalized approach to financing. We also have special mortgage solutions for home builders and developers in Ottawa ON. Feel free to visit our construction loan website which shows in more details our private construction loan solutions for home builders and developers in Ottawa ON. The website is: www.ezconstructioncapital.com

Why Choose Our Mortgage company for Private Construction Loans in Ottawa, ON?

If you are tired of dealing with banks and not getting the financing support you need, we can offer you the best construction Loans. Our private construction lenders in Ottawa, ON are competitive and they support many home builders and developers. Our lenders also have advanced 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.

What are Private Construction Loans?

Private construction loans are loans that are provided by private lenders rather than traditional banks or credit unions. These loans are typically short-term and are designed to finance construction or renovation projects on a property. Unlike traditional mortgages, private construction loans are based on the value of the property after the renovation or construction is completed, rather than its current value.

How Do Private Construction Loans Work in Ottawa ON?

Private construction loans in Ottawa, ON typically have higher interest rates than traditional mortgages because they are considered to be higher risk loans. However, they can be a good option for homeowners who need to finance a construction or renovation project quickly, as the application process is typically faster and more streamlined than traditional mortgage applications.

To apply for a private construction loan, homeowners will typically need to provide a detailed plan and budget for their construction or renovation project. The lender will review the plan and determine whether the project is feasible and whether the homeowner will be able to repay the loan. Once the loan is approved, the funds will be disbursed in stages as the construction or renovation progresses.

If you own a piece of land with no mortgage against it or another property with equity, we can likely quickly approve you for your next construction project(s). If you’re a builder or developer who is stuck and not able to have more than one or two projects going at the same time, you can use our equity-based lending solution so that you can have multiple projects going at the same time, allow your construction crews to work full-time, avoid costly downtime, complete more projects, and significantly increase profits!

Our office can pre-approve you for construction loans for up to 70% of the finished value of the project within minutes. If you own other properties (including land) with equity, we can likely pre-approve you for 100% of the cost of your project. Our lenders do not have any income or credit requirements, you don’t need any pre-sales and they offer very fast and flexible construction draws. The draws are typically approved within hours and released within 24 hours.

If you want to complete 2 to 3 times more projects per year and increase your annual profits dramatically, contact us at 1(888)878-4660 and book a confidential no-obligation consultation today.