Development Mortgage Financing
Development and construction financing demands specialized expertise that traditional lenders lack. We fund ground-up construction across Canada, USA, and Mexico with deep knowledge in construction draws, builder qualifications, project timelines, and cost management.
Strategy Call
Discuss your project and financing needs
Custom Solution
We structure the optimal financing package
Fast Closing
Get funded and start building
Construction Financing That Banks Can't Match
Traditional lenders focus on your current assets. We focus on what really matters: your vision, your team, and your project's potential.
Builder-Focused Evaluation
We assess your experience, team strength, and project vision-not just your current balance sheet.
Cross-Border Expertise
Seamless financing across Canada, USA, and Mexico with deep knowledge of each market's requirements.
Faster Approvals
Our specialized lender network means quicker decisions and faster closings than traditional banks.
Flexible Structures
Custom draw schedules, competitive rates, and creative capital stacks tailored to your project.
First-Timer Friendly
New to development? We help structure deals that work for emerging builders with strong teams.
Risk Management
Built-in contingencies and expert guidance to navigate delays, overruns, and market shifts.
Ready to fund your next project?
Let's discuss your development goals and find the right financing solution.
Your One Stop Shop
From land acquisition to permanent financing, we provide comprehensive solutions for every stage of your development project.
Land Acquisition
Secure financing for raw land purchases for your development sites. Whether you're acquiring a single lot or assembling multiple parcels, we connect you with lenders who understand land investment.
Discuss this financing optionWhat's Included
- Raw land purchase financing
- Land assembly for larger developments
- Agricultural to residential conversion
- Holding period financing options
- Flexible terms based on development timeline
What Our Clients Say
Questions About Development Financing
Everything you need to know about construction and development loans. Can't find your answer? Book a call with our team.
Getting Started
Typically 20-35% equity is required for construction financing, depending on the project type, location, and your experience as a developer. First-time developers may need to contribute more equity, while experienced builders with strong track records may qualify for higher leverage.
Yes, first-time developers can obtain construction financing, though requirements may be stricter. Lenders will look closely at your team's experience, including contractors, project managers, and consultants. Partnering with experienced professionals or having a strong general contractor can improve your chances.
Standard construction financing approval takes 60-90 days due to the complexity of underwriting development projects. This includes appraisal, cost review, environmental assessments, and legal documentation. Bridge construction loans can close faster when speed is critical.
Loan Structure
Construction loans are disbursed in stages called 'draws' as work progresses. Typically, an inspector verifies completed work before each draw is released. Common draw schedules include foundation, framing, mechanical/electrical, drywall, and final completion. This protects both the lender and borrower.
A construction loan is short-term financing (typically 12-24 months) specifically for the building phase. A construction-to-permanent loan automatically converts to a standard mortgage upon completion, saving you closing costs and the hassle of arranging separate financing.
Yes, many lenders offer combined land and construction financing packages. This can simplify your capital structure and reduce total closing costs. The land portion is typically funded at closing with construction funds drawn as work progresses.
Rates & Requirements
Construction loan rates typically range from 7-12%, higher than traditional mortgages due to the increased risk and complexity. Rates depend on project type, your experience, leverage level, and market conditions. Interest is usually calculated only on drawn amounts.
Lenders evaluate several factors: builder experience and track record, project feasibility and market demand, detailed cost breakdowns and contingencies, timeline and construction schedule, pre-sales or pre-leasing (if applicable), exit strategy, and the strength of your development team.
Special Situations
Yes, we specialize in cross-border construction financing across Canada, USA, and Mexico. We understand the unique challenges of international development including currency considerations, local regulations, and cross-border tax implications.
Experienced construction lenders build contingency reserves (typically 5-10%) into the loan for unexpected costs. If delays occur, extensions are often available though they may involve additional fees. Strong project management and realistic timelines help minimize these risks.
Still have questions about your project?
Talk to an Expert