News from Canada's Mortgage Experts

I would like to thank MonsterMortgage.ca client Chris Morgis for sharing the following link to the recent issue (Ski Season 2011) of the real estate magazine Our Homes, with us. Featured on page 107 is his family’s vacation home which he recently renovated in Collingwood, Ontario. Chris required construction financing last year to complete this particular project and came to MonsterMortgage.ca for advice. As you can tell by the photos in the magazine, Brad Abbott from W.B. Abbott Design and Richard Wilson from WPM did an amazing job.

For MonsterMortgage.ca, being able to provide clients like Chris with access to construction financing that helps make their dreams come true really is a great feeling. Especially when you know that their bank (whom they have been loyal to their entire life) has either turned them away or just doesn’t have the expertise or where with all to manage this type of lending. Ultimately, it is important to realize that construction financing is more than just a traditional home loan, and these deals confuse loan officers in banks and they end up turning people away. The right construction financing expertise includes more than just the lending of money to complete your project, it includes things like advice on the build, flexibility around loan payment structure, take-out financing options and much more.

If you want to know if construction financing can help you build your dream property, call me directly at 416-544-5100 and I will be happy to review your details.