Construction mortgage financing option is for clients who want to build or do large renovations to a property both residential and commercial. The construction mortgage makes construction and land development faster and easier.
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Guaranteed lowest mortgage rates, call Robert Clancy today: (416) 899-1467
Construction mortgage financing option is for clients who want to build or do large renovations to a property both residential and commercial. The construction mortgage makes construction and land development faster and easier.
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Clients now get more time to complete construction. Homeowners were previously allowed 12 months to finish. Scotia now gives them 15 months. Payments are interest-only during the construction period to preserve cash flow. There is no more application fee.
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