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3 Reasons Construction Financing Is Great for Mortgage Brokers

Tight inventory in Ontario’s housing market is capping the traditional mortgage business for mortgage brokers, but it is also highlighting a different opportunity: construction financing. Read our blog to learn how mortgage brokers can grow their businesses by helping clients secure construction financing in Ontario.

Working with Pillar since 2015
Working with Pillar since 2012
Working with Pillar since 2002
Working with Pillar since 2017
Testimonial

Pillar’s underwriting team makes the effort to really understand my client’s situation and needs. From there, we can work together to reach a deal that’s fair for everyone and has the versatility to accommodate the unexpected changes that may come up during a construction project.


– Rick Wilson, Mortgage Agent, The Mortgage Advisors

Trying to close my first deal with Pillar was a pleasure! Cory and the underwriting team were amazing. They have now become my choice for alternative deals. Their patience and professionalism is bar none. I have already told numerous agents at DLC Alliance about my wonderful experience


– Fanchea Barrieau, Mortgage Agent, Dominion Lending Centres Alliance

I have been using Pillar Financial now for over 15 years and I find they are one of the most simple and common-sense lenders in the marketplace. Their construction mortgage is so easy, I refuse to do builders mortgages through a traditional bank regardless of rate. Clients get their money when they expect it and don’t have to worry about their financing when they are already worried about more stressful things like building a home.


– Sean Binkley, Mortgage Broker, Dominion Lending Centres

The underwriter I worked with at Pillar was extremely thorough, so there were no surprises. She also took a personal interest in genuinely understanding my client’s situation, providing a level of service I rarely come across.


– Massimo De Luca, Mortgage Agent, Intellimortgage Inc.
The Pillar Mortgage Blog
Blog-Date-1Jun 15, 2023
Blog-Date-1Apr 12, 2023

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