Construction Mortgage Surrey & Lower Mainland BC
Construction Mortgage Made Easy with Less Paperwork!
Are you looking for a quick and reliable Construction Mortgage in Surrey and anywhere in the Lower Mainland BC?
Are traditional lenders unable to meet your construction financing requirements?
- Need financing for multiple projects?
- Need up to 100% loan to cost ratios?
- Looking for instant financing with easy approvals?
- Urgently require financing due to shortfalls in your current project?
- Facing declined applications or insufficient approvals for your construction mortgage?
- Experiencing a tedious application process and delayed approvals from traditional lenders?
- Not enough funds to make it to the next draw
- Liens/trades asking for funds to move the project forward?
Lakhvinder Gill – Mortgage Consultant can offer options with less stringent lending guidelines than the banks, higher loan amounts, high loan to cost ratios, less presales and way less equity requirements than your traditional banks and all of this at extremely competitive rates and terms.
What is Construction Financing?
Construction financing is a short-term mortgage utilized to finance the construction of a real estate project. It is also known as a draw mortgage or builder’s loan. Construction mortgages are utilized by homebuyers, builders and developers planning to build real estate. These mortgages can be used for the construction of:
- Single-Family Homes
- Multi-Family Homes
- Residential Or Commercial High Rises
- Office Buildings
- Industrial Buildings
- Warehouses
- Other Commercial or Residential Properties
ADVANTAGES OF CHOOSING CONSTRUCTION FINANCING
Quick and Easy Approval Process
At Lakhvinder Gill – Mortgage Consultant, we look beyond the numbers to understand our client’s needs. We as a construction mortgage lender firm caters to everyone and helps borrowers acquire quick and easy financing in as little as 24 hours*.
Issues arise. Whether it be cost overruns, delays due to weather or simply your trades need money fast to avoid liens. With simple terms and relatively less paperwork, we ensure our borrowers can overcome any obstacle.
Obtain Higher mortgage to Costs than the Banks
Current trends in the market are making it hard for builders and developers to obtain enough funds the conventional way. This is due to new lending rules and endless requests for paperwork. We can finance up to 100% of the project based on additional assets and have access to lenders that lend up to 100% loan to cost ratios. When presenting your project to our lenders, we take the extra step to complete due diligence and provide a document package that makes sense for a lender to proceed.
Common Sense Lending
With a common-sense lending approach and focused team, Lakhvinder Gill – Mortgage Consultant is an ideal choice for alternative or private construction mortgages. Borrowers prefer us over banks because of our prominent position in the market. In today’s market, getting your mortgage approved from a bank can take weeks or even months. With our new and progressive mortgage solutions and flexible underwriting, we deliver simple and easy solutions for borrowers.
TRY OUR FREE NO-OBLIGATION CONSTRUCTION MORTGAGE SURREY SOLUTION
We’re here to help! We deliver fast and reliable access to money
How is a Construction Mortgage with Lakhvinder Gill different?
At Lakhvinder Gill – Mortgage Consultant, our clients receive our professional services whenever they need them. Our reliable ALTERNATIVE source of financing is available for builders and developers from the first draw to the last. With our knowledgeable team, we can help take your projects from un-zoned till construction is complete.
You may have ample equity in your project, but the banks’ stringent rules are hindering you from accessing this equity to capitalize or provide enough funds to finish construction. Whether it be
- Cost Overruns
- Delays Due To Weather
- An Immediate Requirement Of Finances
- Shortage Of Materials
- Lack Of Funding For Labors
Issues arise. We aid landowners and developers with our prompt, competitive and reliable construction mortgage solutions for commercial, residential and multifamily projects.
Lakhvinder Gill – Mortgage Consultant specializes and is experienced in providing top-notch quality services to our valued clients, especially when it comes to construction financing. With the added benefit of
- Customized And Tailored Solutions
- A Common-Sense Lending Approach
- Flexible Construction Mortgage, Such As Open Terms And Draw Options
Lakhvinder Gill – Mortgage Consultant has all the solutions with potentially funded up to 100% of construction costs.