Reliable Private Construction Mortgage Brokers in Canada

LendToday has provided Canadians with private construction mortgage solutions for over 20 years. We are a team of professional mortgage brokers with the expertise and network to present you with the best financial products for your private construction requirements.

1. Apply Today
2. Get Approved
3. Problem Solved!

From Dream Home to Dream-Come-True

Let's turn your dream home into a reality!

At LendToday, we want to help you access the best possible mortgage for your private residential construction project. Our private mortgage brokers are here to assist you throughout the process.

A Proven 80% Approval Rate!

We Can Help You with Your Construction Mortgage Needs

LendToday primarily operates in Ontario, and we have access to construction mortgage lenders across Canada, allowing us to offer our clients a wide range of individually tailored construction mortgage options. With an 80% approval rate, we have the experience and knowledge to get you approved quickly, even after the big banks and conventional financial institutions have turned you down.

Our mortgage brokers are always available to answer any questions about the process and will work hard to ensure you get the best terms and construction mortgage interest rates available.

Apply for a Construction Mortgage Outside your Bank

We take your desire to build your dream home seriously. To help turn your dream into a reality, we have access to various alternative lending options. If you're looking for mortgage financing outside of your day-to-day bank, you can find more flexible options and terms. An experienced mortgage broker will provide you with several construction mortgage options. At LendToday, we offer you flexible financing solutions with a fast approval process so you can quickly get started on your private construction project.

What Makes Our Construction Mortgage Lending Services Different from Others?

We understand how critical it is to have a private construction mortgage broker you can depend on. Here are some reasons why LendToday’s services stand out from others:

High Approval Rate Emergency Lending Even for People with Bad Credit

Clients look to us for our high application approval rate, even for people with bad credit history.

Fast and Easy Construction Mortgage Process

Our brokers will work with you throughout the process and help get your mortgage approved with less hassle.

Flexible Terms Available for Your Convenience

We understand that construction projects are often time-sensitive, so we offer flexible terms to ensure you can complete your project on time.

20 Years of Serving People for Their Mortgage Needs

We are a well-equipped mortgage brokerage with years of service and experience to handle all your construction mortgage needs. We connect those seeking builder’s mortgages with our extensive network of lenders.

What is a Construction Mortgage Loan in Canada?

A construction mortgage, also called a “builder’s mortgage”, is a type of financing specifically designed for people building a house or other private structures. This type of loan differs from any other construction loan because it is a short-term loan with higher interest rates that cover the construction costs before the structure is finished and sold.

A construction mortgage is a wise option if you want to construct your home or residential structure in Canada.

At LendToday, we have a team of experienced builder mortgage agents who will help you get the best construction mortgage in Ontario or anywhere in Canada.

Construction Loan vs Conventional Mortgage

A construction loan is short-term (usually one year) financing for the construction of a new home or private structure. The money drawn from a construction loan typically comes in scheduled increments and has higher-interest rates.

A conventional mortgage, on the other hand, applies to financing an existing home or structure.

When Should You Use Construction Financing?

If you plan to build a house or other structure, construction mortgage financing is an excellent way to fund the project. Construction mortgages provide quick and easy access to the funding you need and can cover up to 90% of construction costs.

Our private construction mortgage brokers have years of experience in the Canadian mortgage industry. They can help you find private lenders for construction mortgages in Ontario customized to your construction financing needs.

Did you know that consulting a professional during your construction financing process can save you a ton of time?

Let a professional do the mortgage shopping.

Struggling With Construction Mortgage Approval?

LendToday is here to help!

We understand how difficult and stressful it can be to secure a construction loan. Our team of experienced private construction mortgage brokers is committed to helping you get approved for the construction mortgage you need.

How to Qualify for a Construction Mortgage or Find a Builder's Mortgage Outside Your Bank

Qualifying for a construction mortgage at a big bank can be difficult, especially if you have a poor credit rating. At LendToday, we understand that no one size fits all, and finding the best construction loan mortgage lenders to meet your needs is the service we can deliver to you.

When applying for a construction mortgage, it’s important to keep the following in mind:

Checklist for an EASY and FAST Construction Mortgage Loan Approval

To ensure you qualify for a private residential construction mortgage, there are steps you will need to take.

Things you will need to comply with before your new home construction can begin:

Draw Mortgage – Residential Home Builder

Draw Mortgage - Self-build/Contractor

The following is required for General Contractor builds:

Pre-built Completion-Only Mortgage

Providing Construction Mortgage Lending Services Throughout Canada

At LendToday, we provide mortgages to homeowners and home builders alike with favorable mortgage rates and flexible repayment plans.

Expert & Knowledgeable Mortgage Professionals

We understand how critical it is to secure financing for building your custom home. With our team of knowledgeable mortgage professionals, we offer excellent service and professional advice to help you with the construction mortgage application.

Serving Homeowners throughout Canada

We offer our builder’s mortgage services across Canada. We are committed to helping our clients understand the following:

Commitment To Excellent Customer Service

Our commitment to customer service ensures that you will enjoy the highest standard of loan services available. We work hard to offer competitive rates and flexible payment options so that you can go ahead with the purchase or build a house you can call home.

We primarily serve Ontario, and the following are other service areas we can serve:

Contact us today to learn how our services can help you acquire the loan you need to build your dream home.

It’s Time to Build the House You Can Finally Call Your Own

Apply now and get the construction mortgage financing you need for your new construction project!

Our Recent Approved Projects

Mississauga, Ontario
Residential Home

Whitby, Ontario
Duplex Residential Rental Property

Talk to the most Professional Private Construction Mortgage Brokers in Canada

At LendToday, you get to work with a highly trusted and reputable team of private construction mortgage brokers in Canada. Our experienced and professional mortgage brokers are here to help you secure the financing you need to construct your home.

Driven by our commitment to deliver the care and guidance you need to ensure your real estate project is completed to your satisfaction, we make it our mission to help you build your dream home!

Private Mortgages – The Benefits

In addition to flexibility (which is one of the best benefits to a private mortgage) there are other reasons to consider applying. For example, interest only payments can give you some much needed breathing room. A temporary influx of cash into your monthly budget can help you pay off other bills or survive a layoff from work. Here are some of the other benefits private mortgages can offer you:

You can count on us for:

We can often obtain approval for a private mortgage much faster than if you were to go through your bank or credit union. The terms of a private mortgage are flexible, and designed to get you and your family back on your feet. If you’ve been struggling with financial trouble, you could get the boost that you need to make it through.

Talk to the most Professional Private Construction Mortgage Broker in Canada

At LendToday, you get to work with a highly trusted and reputable team of private construction mortgage brokers in Canada. Our experienced and professional mortgage brokers are here to help you secure the financing you need to construct your home.

Driven by our commitment to deliver the care and guidance you need to ensure your real estate project is completed to your satisfaction, we make it our mission to help you build your dream home!

Construction Loan FAQs

The main difference between a regular acreage mortgage and a farm mortgage is that the latter is specifically tailored to rural properties, such as farms. Traditional acreage mortgages may cover various land types, while farm mortgages are designed to finance agricultural properties and businesses.

Yes, it is possible to get a construction mortgage loan in Ontario with bad credit. Talk to one of our mortgage specialists to see how we can help. 

Construction financing for builders in Canada works by obtaining a loan from a lender secured against the property to be built. The lender provides the funds for construction, and when the project is completed and the final loan payment is made, you can try to obtain conventional mortgage financing to payout the lender, or if you're selling the property, you can simply pay the lender out on closing. 

To get a construction mortgage in Canada, you must meet specific criteria. It is important to provide information about the project, your ability to complete the project, and repay the loan. For more inquiries, contact us!

Hear What Our Happy Clients Have to Say

Rated 4.9 of 5

5-Star Rated

We’re proud to be top-rated among clients in Canada.

Reliable Private Construction Mortgage Brokers in Canada

I just want to say thank you so much for helping us with our refinancing as it was a pleasure working with you. I will definitely refer you to our family and friends should they need a mortgage broker. Have a great weekend!

Lisa Hobbs
Reliable Private Construction Mortgage Brokers in Canada

Just wanted to drop you a note to say thanks again! I just looked at my new amortization schedule and I am so glad I made the initial call to you. My mortgage is going to be paid off 6 years sooner and I am saving $700 per month.

Brian P
Reliable Private Construction Mortgage Brokers in Canada

I can’t believe we put off refinancing our home as long as we did. Looking back at what we were paying and what we are paying now makes me want to cry. We are saving over $1300 per month in payments. Thanks again for everything you did!

Kevin B

Working with LendToday

Our team of experts have more than 30 years of experience helping people qualify for home loans. We work with many alternative lenders. We’ll help you find the right solution for your lending needs. Even if you don’t qualify with your bank today – we can help you turn things around. We also offer in-house credit repair solutions and tips. Our graduation process will eventually have you qualifying for a mortgage anywhere you like.
Even if you’ve filed a bankruptcy or consumer proposal, lost your job or maxed out your credit, we can help. Give our team a call and let us show you how to rehabilitate your credit and improve your credit score.
If you apply online today we’ll get you an answer in as little as 24 hours. Accomplish your financing goals – we can help with that!