Construction Mortgages


MoneyFactor offers construction mortgage services to its customers.  We provide secured mortgages as well as loans covering construction and development costs for any size project.  When approved, we advance funds at specific stages of construction, with a portion held back, typically until a project is completed.  Once the construction is over, the loan amount becomes due or it may be turned into a normal mortgage.


We provide three avenues to finance a construction project:
  • Construction Mortgages
  • Construction Loans
  • Standard Mortgages


Construction mortgages, construction loans and standard mortgages differ in the amount financed, in the type of projects being financed, and in the construction stage of projects.


Download MoneyFactor Mortgage Application: