Turning Point Financial

🔨 Planning to build your dream home? Construction financing can be a game changer to keep your project on track and your budget balanced.

🏗️ Here’s what you should know:
1️⃣ Many lenders allow progress draws that match the construction phases, providing funds as your build advances.
2️⃣ Typical construction mortgages have terms of 12 to 18 months, with interest-only payments during the build.
💰 On average, construction loan interest rates can be 0.25%-0.5% higher than traditional mortgages, but the flexibility is worth it.
📍 Alberta’s no provincial land transfer tax means upfront savings when purchasing your building lot.

I’m here to simplify the process and ensure your financing fits your unique build timeline and goals. Whether it’s a custom home, renovation, or multi-phase project, we’ll find the right solution together.

Ready to move forward? We're here to guide you every step of the way.
https://www.turningpointfinancial.ca/