Renovation / Construction
Financing
Whether you’re upgrading your current property, constructing your dream home from the ground up, or exploring modern solutions like laneway housing, renovation and construction financing provides the flexibility and support to bring your vision to life. With tailored financial solutions, you can confidently manage your project without worrying about funding constraints. Focus on creating the perfect space while we handle the financing, ensuring a smooth and stress-free process from start to finish.


What is Renovation/Construction Financing?
Renovation and construction financing provide homeowners and real estate investors with the financial resources to renovate an existing property or construct a new one. Unlike traditional loans, these financing options are tailored for large-scale property improvements or new builds and offer the benefit of **no monthly payments during the renovation phase.
Whether you’re looking to update an old home, add modern amenities, or build from the ground up, renovation/construction loans help cover the costs associated with these projects, making sure you can complete your vision without draining your savings.
Renovation and construction financing empower homeowners and real estate investors with the necessary funds to upgrade an existing property or build a new one. Unlike conventional loans, these financing options are specifically designed for large-scale renovations or new constructions and come with the advantage of no monthly payments during the renovation phase.
Whether you want to modernize an older home, enhance its functionality with new amenities, or start fresh with a brand-new build, renovation and construction loans cover the expenses needed to bring your vision to life—without depleting your savings.

Key Benefits of Renovation / Construction Financing
- One-Time Close: A single loan for both construction and permanent financing reduces paperwork and closing costs.
- Interest-Only Payments: During Construction: Pay only the interest on the loan during the building phase to keep costs manageable.
- Customizable Terms: Choose between fixed or adjustable-rate options for the permanent phase of the loan.
Who Qualifies for a Renovation / Construction Financing?
- Have a detailed construction plan and a licensed contractor.
- Meet credit score, income, and down payment requirements.
- Want to finance a custom home or significant renovations on a primary residence, vacation home, or investment property.


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- Brampton, (Ontario)
- info@tmaxmortgages.com