There are a GREAT number of misconceptions regarding a Construction Mortgage. We've heard everything and have seen most. This mortgage is very labor intensive from an administration standpoint, so most financial institutions tend to shy away. The Good News is, not only have we secured draw mortgages for our clients, we've secured them for ourselves as well. We know what works, we know what doesn't. And believe us when we say the last thing you want is angry, unpaid trades because your draws were not set up correctly. Thinking about building that dream home? Give us a call we can ensure the financing of your dream doesn't become your worst nightmare.
There is so much to know about the logistics of a construction mortgage. Interest rate calculations, New Home Warranty requirements, draw and construction schedules... just to name a few. Give us a call, we can help.
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