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Construction Finance

Construction Finance

Our construction finance solutions provide staged funding throughout your building project, helping you manage cash flow effectively while turning your vision into reality. Whether you're building a personal residence, developing commercial property, or working on a multi-unit project, our specialized construction loans offer the flexibility and support needed for successful project completion.

Key Features

What We Offer

Our construction finance solutions come with a range of features designed to meet your specific needs.

Stage payment system aligned with construction milestones

Tailored to your specific construction timeline

Flexible terms for various project types

Progress monitoring and support

Conversion to traditional mortgage upon completion

Expert construction finance advisors

Advantages

Key Benefits

Why choose our construction finance solution and how it can benefit you.

Manage cash flow effectively throughout construction

Only pay interest on funds as they're drawn down

Greater control over your construction budget

Professional oversight can help prevent project delays

Seamless transition to long-term financing upon completion

Requirements

Eligibility Criteria

To qualify for our construction finance solution, you'll typically need to meet the following requirements.

Approved construction plans and permits

Qualified contractors and project team

Land ownership or concurrent plot financing

Strong financial profile and credit history

Detailed construction budget and timeline

Journey

The Process

Here's what to expect when applying for our construction finance solution.

1

Project evaluation and feasibility assessment

2

Construction plan and budget review

3

Documentation collection and verification

4

Lender selection and application

5

Approval and offer from the lender

6

Staged disbursements as construction progresses

7

Conversion to term loan upon project completion

Get Started Today

Ready to Move Forward?

Our mortgage experts are ready to help you secure the best construction finance solution for your needs. Contact us today for a personalized consultation.

Construction Finance | Simply Mortgage