Find the Best Mortgage Solution for You
Construction Loan
Obtaining construction financing from your bank can be a stressful exercise. The traditional methods observed by banks can be rigorous and time-consuming. If your bank is not providing the help you deserve with new home construction, then Square Capital Management Inc. can provide a construction mortgage that will suit your need. We have many flexible construction financing options that can get your new build completed with less stress and better drawdowns than a bank.
- You can use the first advance to help with the purchase of the land you’re building on
- Draws usually happen every 30 to 45 days
- Prior to draws, an appraiser will perform an inspection
- Draws are based on project completion status
Once the house reaches 97% completion, we will help you to convert your mortgage to the bank.