Skip to the content
  • Home
  • Meet Cindy
    • Meet Cindy Janisch
    • What Cindy Can Do For You
  • Residential Mortgages
    • Refinancing
      • Mortgage Refinancing
      • Renewing a Mortgage?
      • Equity/Line of Credit
      • Bad Credit Mortgage
    • Purchases
      • Self-Employed
      • Pre-Qualified Mortgages Edmonton
      • Edmonton’s Lowest Mortgage Rates
      • No Down Payment Mortgage Edmonton
      • New Immigrants
      • Variable Rate Mortgages
      • Fixed Rate Mortgages
      • First-Time Home Buyer
    • Extra Properties
      • Repeat Home Buyers
      • Investing in Real Estate
      • Vacation Properties
  • Mortgages 101
    • CMHC Video – Homebuying Step By Step
    • More CMHC Videos
  • Calculators
    • Mortgage Analyzer
    • Payment Analyzer
    • Rent vs Buy Analyzer
  • Contact us
Menu
  • Home
  • Meet Cindy
    • Meet Cindy Janisch
    • What Cindy Can Do For You
  • Residential Mortgages
    • Refinancing
      • Mortgage Refinancing
      • Renewing a Mortgage?
      • Equity/Line of Credit
      • Bad Credit Mortgage
    • Purchases
      • Self-Employed
      • Pre-Qualified Mortgages Edmonton
      • Edmonton’s Lowest Mortgage Rates
      • No Down Payment Mortgage Edmonton
      • New Immigrants
      • Variable Rate Mortgages
      • Fixed Rate Mortgages
      • First-Time Home Buyer
    • Extra Properties
      • Repeat Home Buyers
      • Investing in Real Estate
      • Vacation Properties
  • Mortgages 101
    • CMHC Video – Homebuying Step By Step
    • More CMHC Videos
  • Calculators
    • Mortgage Analyzer
    • Payment Analyzer
    • Rent vs Buy Analyzer
  • Contact us
APPLY NOW

Builder’s Mortgage

  • August 29, 2016
  • admin

What is a Builders Mortgage?

Builder‘s mortgage is a specific type of mortgage that is designed for people who are building a new home. This type of mortgage can be used to finance the construction of a new home, as well as the purchase of the land that the home will be built on. Builder‘s mortgage is a great option for people who are looking to build their dream home, but may not have the necessary funds to do so. With a builder‘s mortgage, you can get the financing you need to build your dream home, without having to worry about the high interest rates that are typically associated with traditional mortgages.

Things to keep in mind when seeking a builder’s mortgage

  • The loan amount will be based on the value of the land and the estimated value of the completed home.
  • The loan will usually have a shorter term than a traditional mortgage, since the home will be completed and sold more quickly.
  • The interest rate on a builder’s mortgage is typically higher than the rate on a traditional mortgage.
  • Builder’s mortgages are typically available only from certain lenders, so it’s important to shop around.
  • It’s also important to make sure that the builder you’re working with is reputable and has a good track record.

How Cindy Janisch Can Help With Builder’s Mortgage

Cindy Janisch is a mortgage broker in Edmonton who can help you with builder‘s mortgage. Contact Cindy Janisch today to learn more about builder’s mortgage and how it can benefit you.

Share:

More Posts

no down payment mortgage

How To Get a Mortgage With No Down Payment in Canada?

Are you looking to buy a house in Canada but don’t have the cash for a down payment? Don’t worry! There are a number of

Contact your lender immediately

If you are concerned that you may not be able to make your mortgage payment it is critical that you contact your mortgage lender immediately.

First Time Home Buyers Incentive

First Time Home Buyers Incentive How Does First-Time Home Buyers Incentive Work? The First-Time Home Buyers Incentive helps first-time homebuyers without adding to their financial

Mortgage pre-approval documents in the office

Mortgage Pre-Approvals

What is Mortgage Pre-Approval? A mortgage pre-approval is a preliminary evaluation by a lender to determine if you would qualify for a loan and how

Send Us A Message

PrevPreviousPersonal Line of Credit
NextCommercial MortgageNext
footer-logo.png

I started working in the banking industry in 1999, I have worked with two major financial institutions, one being TD Canada Trust and the other CIBC. I have 15 years experience in the Financial Services Industry and happy to be able to offer my clients the best product to suit their needs. I service Edmonton and surrounding areas.

Quick Links

  • Meet Cindy Janisch
  • Residential Mortgages
  • Home Buying Step By Step
  • Contact Us
  • Blog

follow us

Facebook-f Twitter Instagram
  • Phone : 780-298-9502
  • Fax : 866-267-6106
  • E-mail: [email protected]

©2022 Cindy Janisch, Mortgage Associate