Chris McGirr

So, you’re thinking about buying a house. Congratulations! This is a huge accomplishment. Before you start touring homes and falling in love with granite countertops, you need to make sure you’re financially ready to take on a mortgage. In episode #1 of the Our Property Development Journey podcast, Brett Mansfield and I talk through what you need to know.

Construction loans are a specialised type of loan that are specifically designed to finance the construction of a new home or a major (structural) renovation. They differ from standard home loans in several keyways and require borrowers to navigate a more complex process.