Construction Loan
Building your dream property is an exciting journey, and Aqua Financial Services is here to make it seamless with our tailored construction loan solutions. Whether you’re constructing your forever home, an investment property, or a commercial building, we provide the financial support you need every step of the way.
What is a Construction Loan?
A construction loan is a type of financing specifically designed for building projects. Unlike traditional loans, construction loans are disbursed in stages, aligning with the progress of your project. This ensures that funds are available when needed while minimizing your interest payments during the construction period.
Why Choose Aqua Financial Services for a Construction Loan?
- Customized Financing: We work with you to create a loan structure that suits your project’s timeline and budget.
- Expert Guidance: Our team of experienced brokers simplifies the complex process of securing a construction loan, ensuring you stay focused on your project.
- Competitive Rates: We partner with a wide network of lenders to offer flexible terms and competitive interest rates.
- End-to-End Support: From application to the final stage of construction, we’ll guide you through each step, providing the support you need.
Features of Our Construction Loans
- Progress Payments: Funds are released in stages as construction milestones are completed, such as laying the foundation or finishing the frame.
- Interest-Only During Construction: Pay interest only on the amount drawn, reducing your financial burden during the build.
- Smooth Transition to a Home Loan: Once construction is complete, your loan can convert to a standard home loan, ensuring a seamless transition.
- Flexible Loan Terms: Choose from fixed or variable rates to suit your financial preferences.
Who Can Benefit?
- Owner-Builders: Fund the construction of your personal residence.
- Investors: Finance the construction of rental or commercial properties.
- Developers: Secure funding for multi-unit or large-scale building projects.
Build Your Dream with Confidence
At Aqua Financial Services, we’re committed to helping you achieve your vision with financial solutions designed for success. Our personalized approach ensures your construction project stays on track and within budget.
Ready to take the next step?
Contact us today to start your journey to homeownership with confidence!