Construction

Construction

Are you ready to build your dream home or start a custom construction project? Look no further! At Manpreet Mukker - Mortgage Agent, we are thrilled to offer specialized financing options that are tailored to your unique needs. With our construction mortgage solutions, we will ensure that every step of the process runs smoothly and brings your vision to life.

So, what exactly is a Construction Mortgage? It's a loan specifically designed to finance the building of a new home or significant renovation projects. The best part? Funds are released in stages as the construction progresses, making the process a breeze.

Here are some key features of our Construction Mortgages
  • Stage-by-Stage Financing: Funds are released in predetermined stages, from land purchase to completion.
  • Interest-Only Payments During Construction: You only pay interest on the amounts disbursed until the project is complete.
  • Flexible Options: Choose between construction-only financing or a construction-to-permanent loan that converts to a traditional mortgage once completed.

Get ready to embark on this exciting journey with us and watch your dream home come to life!