Construction mortgages are given on a progress advance basis. The full amount that you need to borrow in order to complete your construction is given to you in stages. Understanding the basics of how a construction home loan works can help you plan and make the best financing decision for your project.
A construction loan can be used to cover the costs of building a new home or renovating an existing home. Contact us today to learn more by clicking the button below.
Unit 1710 10448 University Dr. Surrey, BC
Contact:
Suki Bath , Realtor
604 726 2626
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