Our institutional clients provide the most economical long term financing in the marketplace when it comes to construction loans.
Dominion Lending Centres Commercial has arranged construction financing for some of the largest projects in the marketplace. Our expertise in construction financing extends to both conventional loans and those insured by Canada Mortgage and Housing Corporation.
Advantages to Construction Financing with DLC Commercial
There are numerous reasons why securing your construction mortgage will be advantageous to your project:
- Utilize the commercial expertise of the largest mortgage brokerage company in Canada
- Secure a flexible product that enables the payment options you need to maintain a manageable cash flow throughout the various phases of building
- Access construction mortgage products nationwide — city or rural
- Interest only, open mortgage, with ability to lock in to the top fixed-rate mortgage available at the time construction completes
We provide financing for commercial real estate projects including office buildings, retail centres, industrial and warehouse properties or multi-unit residential development, for land or property acquisition, construction and inventory financing.
Construction mortgages are available for tenanted and speculative development projects. Construction financing can include soft and hard costs. Our construction mortgage loans are typically for a term of 12 to 36 months. Partial disbursements or draws are funded on a scheduled basis throughout the construction process.
We work with our clients through their project’s selling process, or to secure a long-term commercial mortgage upon completion. Understanding the local real estate market, its economics and trends, combined with a strong network of commercial lenders across Canada allows our commercial lending team to provide our customers with the most competitive financing available for your commercial real estate construction project.
- Office Buildings
- Retail Properties
- Industrial and Manufacturing
- Hotels and Motels