Land & Site Financing

Support for raw land acquisition, site servicing and pre-construction costs.

Draw Schedule Planning

Guidance on progress draws, inspections and staged fund releases through the build.

Builder & Lender Matching

Construction lenders compared based on draw terms, holdbacks and rate structure.

Completion Strategy

Advice on transitioning to permanent financing once construction is complete.

Key Things To Consider Before Applying For A Construction Loan.

Construction financing in Canada is tied to project stages, draws and holdbacks. A clear strategy can help you plan cash flow, avoid delays and prepare a stronger application.

Every build is different. The right structure should support your draw schedule and long-term completion plan.

Construction Loan Considerations

Construction lenders typically review the land value, build cost estimates, contractor experience, permits, project timeline and your ability to cover holdback amounts.

Construction loans release funds in stages as work is completed, rather than as a lump sum, so terms are shaped around draw schedules, inspections and interest-only payments during the build.

A strong file usually includes a detailed budget, builder contract, permits, land details, a realistic timeline and proof of funds for cost overruns.

The right option depends on project size, draw frequency, land ownership status, whether you plan to self-build or use a contractor, and your exit strategy once construction ends.

It helps to understand holdback percentages, inspection fees, interest reserve requirements, renewal terms and conditions tied to each draw before committing.

A Clear Construction Loan Process From Land To Final Draw.

Construction loan discovery consultation
01

Discovery Review

We begin by understanding your project scope, land status, build timeline, budget and financing goals.

Construction loan file assessment
02

File Assessment

Your land details, builder contract, permits, cost estimates and existing obligations are reviewed to assess borrowing strength.

Construction lender comparison
03

Lender Matching

Suitable construction lending options are compared based on draw structure, holdback terms and rate.

Construction loan application preparation
04

Application Preparation

Your application is prepared with a clear budget breakdown, permits and supporting details for lender review.

Construction draws to completion
05

Draws To Completion

Once approved, funds are released in stages as construction milestones are met, through to final completion.

04 Who We Help

Construction Financing For Every Kind Of Build.

Construction loans can support many project types, from a custom self-build to a multi-unit development.

Choose your project type

Custom Home Builders

For homeowners building a custom home from the ground up on owned or purchased land.

Suitable for:

  • Owner-builder projects
  • Architect-designed homes
  • Rural and infill lots
  • Single-family construction

General Contractors & Builders

For contractors managing construction financing for a client build or spec home project.

Helpful for:

  • Spec home construction
  • Multi-project draw management
  • Trade and material costs
  • Project cash flow planning

Land Developers

For developers financing land acquisition, servicing and preparation ahead of a build.

Best suited for:

  • Raw land purchase
  • Site servicing costs
  • Subdivision planning
  • Pre-construction budgeting

Multi-Unit & Mixed-Use Developers

For developers building multi-unit residential or mixed-use properties for sale or rental income.

Common needs:

  • Multi-unit construction
  • Mixed-use developments
  • Pre-sale financing
  • Rental portfolio building

Existing Property Owners

For borrowers who already hold land or a partially built property and want financing to continue or complete construction.

Can support:

  • Partially built properties
  • Construction-to-permanent conversion
  • Cost overrun financing
  • Completion-stage lending

Renovators & Expansion Projects

For homeowners undertaking a major renovation, addition or structural expansion project.

Useful for:

  • Major renovations
  • Home additions
  • Structural rebuilds
  • Post-renovation refinancing

Prepare The Right Documents. Build A Stronger Construction Approval File.

A complete document package helps lenders review your project faster and gives you a clearer understanding of your draw schedule and financing options.

Construction loan document checklist

Construction Loan Checklist

Documents may vary by lender, project size and construction stage.

Construction Budget

A detailed cost breakdown covering land, materials, labour and contingency helps lenders assess project feasibility.

Budget

Builder Contract & Permits

Signed contractor agreements, building permits and approved plans may be required before draws begin.

Permits

Land & Property Information

Land title, purchase agreement, appraisal and site details may be requested for review.

Property

Borrower Profile

Personal financial details, credit profile and net worth statement may be reviewed depending on the lender.

Borrower

Draw Schedule & Timeline

A proposed draw schedule and construction timeline help lenders plan fund releases against milestones.

Draws

Exit & Completion Strategy

A clear explanation of the completion plan, whether selling, renting or converting to a permanent mortgage, can strengthen the application.

Strategy

KIND WORDS

Real stories. Real builds.

Angela guided us through every draw stage of our custom build without a single delay. Truly stress-free financing.

Michael R.

As a first-time developer, I had no idea how construction draws worked. Angela made the whole process clear and manageable.

Devika S.

From land purchase to final draw, Angela structured financing that matched our project perfectly.

Chris T.