Construction Mortgage Canada
An RBC Royal Bank® construction mortgage1 can provide the financing you need to create the custom home you want.
Many Canadians are choosing to build custom homes with special features to suit their lifestyles and personal tastes. While building your own home can be a creative and exciting experience, it can also present some complicated financial challenges.
Here’s where your RBC Royal Bank® mortgage specialist comes in. With an in-depth knowledge of construction mortgages, we can give you the support you need from start to finish to guide you through the process and explain all the important facts you need to know, including:
- Designing your home plans with an architect
- Arranging a construction mortgage
- Managing your home construction costs
- Hiring a general contractor
- Obtaining building permits
- Constructing your home
Simple, efficient and effective
An RBC Royal Bank construction mortgage can help you finance the cost to purchase that perfect building lot, as well as the construction costs to build your dream home. Whether you already own your lot or are still on the look-out for that ideal location, an RBC Royal Bank mortgage specialist can help.