Best Construction Mortgage - Toronto Construction Mortgage

The financial requirements for a residential or commercial construction project or land subdivision are very different to your standard mortgage.  At OMJ Mortgage, we understand the challenges you face bringing your project to a successful finish. We also are aware of the market place. Lenders and investors want to be sure that the terms and conditions they offer will result in completed projects and the rewards of a successful investment strategy.

At OMJ, our strength lies in bringing you together with the right lender for successful relationship for both parties. Getting the right mix of construction funding is our specialty at OMJ. We recognize the unique circumstances of your construction project, and help you raise the capital that suits your project needs. At OMJ, we find the construction and development loan that is right for you.

Whether you are considering a new construction or re-development, OMJ Construction Mortgage Specialists can help you find financing for any size, scope or location. We can offer non-recourse construction loans, high loan-to-cost ratios, and a fast-track process to get your project underway today. OMJ's Construction Specialist,  has over 15 years of experience in construction with solid relationships among construction lenders, including access to alternative funding sources.

The success of our customers ultimately leads to our own success. We bring our experience and knowledge to the table and assess the viability of the project taking into consideration:

• Your experience
• The experience of the builder
• The location of the project
• The marketability of the project, and
• Economic, environment and market issues

We will discuss our assessment with you. Where we have concerns we will look for ways in which the project can be improved. If we don’t think the project is viable, we will tell you why. If you are considering purchasing a property to develop we can under take assessments prior to purchase and provide conditional approval for project finance. OMJ stays involved through the entire process.

Here are just some of the construction and development loans OMJ offers:

• OMJ construction loans may be as high as 75% of the land value plus 100% of the construction hard costs, based minimum pre-sale requirements (subject to our lender’s approval)
• Land development and servicing loans: when the land you want to develop has been properly zoned and the approvals for residential and/or commercial use are in place, OMJ Construction Specialists can help you find financing to make the purchase and get the project underway.
• New construction building projects: OMJ specializes in construction financing, especially in building and development projects in the GTA and surrounding area.
• OMJ offers revolving loans for new construction and builder inventory, as well ascompleted residential or commercial units that are up for sale.
• OMJ also arranges for financing for Infill and subdivision residential construction loans for freehold properties and condominiums
• Commercial plaza and industrial construction loans
• Mezzanine financing
• Interest only with no prepayment penalties

Call  (905) 482.9393 to discuss your financing options for your construction and development project call the Specialist ext 225. This provides you with the benefit of partnering with financiers that specialize in property and construction. The added value that OMJ brings to the relationship enhances your experience and the likelihood of a successful project.