Why use a Kelowna Mortgage Professional

There are hundreds of products available to consumers. Let me do the shopping for you. I can often get you a better rate than you at your own bank. Best of all (except in the most challenging of circumstances), my services are free to the client.

Friday, August 21, 2009

Home Building Construction Mortgages Kelowna

Are you planning on building your own home and need a construction loan?

Lenders are not typically interested in raw land; they are interested in bricks and mortar. So, up front, you are going to need 25% of the completed value to get a construction mortgage. This often is the value of the lot. Once you have completed construction, you can then remortgage your completed home to 95% loan to value.

There aren’t many lenders that give construction mortgages. This is why you should use the services of Dave Lytton, your Kelowna mortgage broker. He knows who is lending for constructions mortgages and knows the ins and outs of each lender.

Whether you are building a home for your own use or for rental, our construction loan program is designed to make your building project easier.

To find out more about our owner builder construction loan mortgage or financing your log home construction project; please call or e-mail me. I will be happy to answer all of your construction finance questions

Dave Lytton
Dominion Lending Centres Kelowna

Toll Free: 1-866-862-5040
Tel: 250-862-5040
Cel: 250-862-6630
E: dlytton@shaw.ca

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Keowna Mortgage Broker - Dave Lytton