Residential & Commercial
Most urban centers.
Fisgard Capital finances residential and commercial construction loans up to 75% of the total cost of construction, including:
- Soft costs (plans and permits)
- Purchase of land
- Site servicing
Download the PDF version +
Construction financing is easy with Fisgard’s wide variety of lending options.
We lend our own money and are not subject to bank restrictions.
Financing available to purchasers of the finished product!
with flexible terms and commitment conditions.
Download Construction Budget Document +
INTEREST PAID ONLY
on the funds drawn!
FULLY OPEN MORTGAGE TERMS
with no pre-payment penalties!
The Fisgard Mortgage guarantees:
- Reasonable lender fees
- Short approval and processing timelines
- Competitive and reasonable rates and terms
- Plain language approvals
- Prompt experienced service
- Rates from 8.49%
- One year fully open term (no prepayment penalties!)
- No standby fees for funds not drawn
- Single Family Owner/Spec/Rentals, Mixed Use, Vacation Homes, Multi-family
- Most urban centres in BC and Alberta only.
(no rural properties)
- Loans up to 75% of total cost including land
- Up to 5 draws
- New Home Warranty coverage required
- Interest reserve held during course of construction
- Interest only charged during construction
- Owner builds considered (max 75% LTC - loan to cost)
- Copy of building budget and plans required
- Copy of the building permit and all municipal inspection reports required prior to all draws
- Lender fee deducted from the first draw (your broker fee is collected for you!)
- Take-out financing available upon completion (great for spec builders who need time to sell!)