Ajax construction financing is provided through our construction lending partners that service the Ajax and southwestern Ontario area.
Regardless of the size or stage of your project, there is a very good chance that we will have a construction financing option to meet your requirements.
Our customers range from individual home owners doing a self build to developers or commercial builders working on larger scale projects. Each project tends to have its own unique requirements, so its important for us to be able to properly match up our clients with the right lender or lending program.
As Ajax construction mortgage brokers, we have a focus on maintaining the necessary lender relationships required to cover off all the different types of construction funding requests we receive.
For instance, if you’re just starting out, you may be in need of a bare land acquisition loan to buy the property where construction is going to take place. For larger scale projects, you may need to acquire mezzanine construction financing to make your balance sheet leverage work. And when a project goes sideways or is over budget, you could also require a construction bridge loan in a matter of days.
The construction financing process starts with locating a suitable lending source and ends with the payout of the construction loan at the completion of a successful project. There is a considerable amount of things that can happen in between that can mess up your project and cost you time and money.
This is where a construction mortgage broker comes in to provide you with both the experience and expertise to tackle any problems or potential issues in an expeditious fashion.
Being that most construction projects have two or more sources of financing during their life cycle, it becomes very important to make sure that 1) money is available when required; and 2) there is a seamless, or near seamless transition from one source of funding to another. As construction mortgage brokers, helping our clients with draw administration and lender requirements is very much a part of the job once the money is initially sourced and secured.
If you need Ajax construction financing, give me a call so I can quickly assess your requirements and provide relevant construction mortgage financing options for your consideration.