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Blueprint

New Build &
Construction Mortgages

Interested in a new build? Explore mortgage options tailored for new construction homes today. Act now to secure financing and make your dream home a reality.

Embark on your home construction journey with ease through tailored construction mortgages!

A construction mortgage serves as a comprehensive solution, encompassing all aspects of your construction project, whether it's a custom home or a vacation property. I specialize in assisting qualified borrowers in accessing Conventional and CMHC/Genworth insured mortgage financing, providing funding up to 95% of the final completion's market value.
 

When you qualify, you can secure financing that covers acquisition, construction, and a term mortgage (exit financing) all in one seamless process. Throughout the building process and beyond, a construction mortgage offers competitive interest rates and the convenience of interest-only payments. Specifically designed for financing custom homes or vacation properties, a construction mortgage caters to a variety of needs:
 

  •  Builders looking to construct on a spec lot they own

  • Landowners aiming to build a property for sale or personal use

  • Builders requiring construction financing for end users

  • Investors utilizing builders to construct on owned or purchased land

  • Property owners leveraging existing real estate equity to acquire and build another property

  • Individuals seeking bridge loans for advancing or completing construction

  • Builders, end users, or investors in need of financing for property purchase and construction
     

If your bank falls short in providing the support you need for new home construction, allow me to assist you in finding a construction mortgage tailored to your precise requirements. Contact me today to explore financing options that align with your vision and goals.

What's Next?

Get In Touch

Reach out today for a free quote or any information you need – we're here to help!

Apply Now

Apply today and kickstart the process towards meeting your home's financial needs.

Download Our App

Download our free app to pre-qualify, assess affordability, and explore tailored mortgage scenarios based on your financial needs.

Not Sure What You Can Afford?

Download our FREE user-friendly app, allowing you to pre-qualify and assess what you can afford independently. Input your financial details and explore various mortgage scenarios based on your income, expenses, and future goals.

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 Ways our app simplifies the home buying process:

Determine your total home ownership costs effortlessly.

Discover the maximum loan amount you qualify for.

Estimate the minimum down payment required.

Compare options side by side for a clearer view.

Free Mortgage App

Get Started Now On Your Financial Goals.

Progressive Mortgage Lending is proudly serving Calgary and surrounding area.
Whether you're seeking your first home, renewing, refinancing, or any other services, securing a mortgage has never been more accessible. We're here, prepared and eager to assist you every step of the way—making your mortgage journey both effortless and empowering.

Mario Damjanovic
Mario Damjanovic
Mortgage Broker
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110, 1121 Centre Street NW
Calgary, Alberta T2E 7K6
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