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Alberta Custom Home Builder: Eric's Homes Serving Okotoks, De Winton, Millarville, Bragg Creek, M.D. of Foothills and South Calgary
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Tag Archives: Construction Mortgage Draws

Owners Quick Guide to Construction Mortgage Draws

Owner’s Quick Guide to Construction Mortgage Draws

Buyer GuidesBy mikeleMay 19, 2023Leave a comment

Owner’s Quick Guide to Construction Mortgage Draws One component to building that trips up many homeowners is the construction mortgage draw process. While homebuilding has seen a sizeable uptick over the last couple of years, with an anticipated 210,000 new housing starts to kick off the year, borrowers can still get confused about how construction…

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