We make construction financing easy!
When looking to build a new home, extend your current property, or develop a high-rise project, it can be an exciting time. However, good decisions need to be made and this is especially true when it comes to money. Ultimately, financing is one of the biggest decisions you will make, and the team at Pacific Blue Developments knows this.
Otherwise known as construction loans, self-build loans, and many other similar names, construction financing is a short-term arrangement made to finance any real estate-related projects. To get started, the home or land owner will take out the loan to cover all the related costs of the project and this helps to get started before a more permanent source of funding becomes available. Here at Pacific Blue Development we have a team of hard working individuals to make sure you get the right financing for all project sizes.
At this point, it is important to note that the loan is essentially taken out for the builders/home owner so they have the money to complete the project. The team at Pacific Blue Developments will work to make sure that the right amount of capital is received to complete all sorts of projects. At the very least, a 20% down payment is normally required from most lenders on the loan. With Pacific Blue Developments we understand this is not the case all the time. Our team will work with all qualified borrowers to make the process of borrowing money as simple and painless as possible. To be approved and finance made available, you will have to contact our credit department.