- Max 80% of completed value
- Up to 65% advance on raw land value at registration
- No requirements or limits on # of draws
- Fully open for repayment with no penalty
Don’t let the rigidity of bank programs put a halt to your next project.
Our flexible Pillar Blueprint construction financing program provides competitive, flexible mortgages for those planning on building or renovating their home.
Use our construction draw calculator to help determine your budget.
- Max 80 % LTV (Ontario wide)
- First mortgages
- 2% fee with 100 BPs to broker
- 1-2 year terms
While many alternative sources of capital are unwilling to lend outside of larger urban centers, we see rural properties and individuals as an opportunity.
Having grown over the past 3 decades in the rural village of Sharbot Lake, nearly half of Pillar’s mortgage portfolio is proudly based in rural Ontario.
If you’re a licensed mortgage agent, submit a pre-approval application form and get a response in 48 hours.
Year Terms
with
100 BPs
to broker
80%
LTV
Mortgages
- Damaged credit
- Limited or questionable collateral
- Perceived character flaws
- Unsteady cash flow
- Untraditional story
The changing lending environment has made it increasingly difficult for self-employed individuals to secure mortgage financing.
With our common-sense approach, Pillar underwriters listen to the full-story and verify information to get the deal done.
Get your application reviewed in 48 hours
- Discharged bankruptcies
- Paying out taxes owing
- Paying out consumer proposals
- Irregular cash-flow situations
Difficult financial situations happen to the best of us. At Pillar, we specialize in finding solutions.
A beacon score does not represent a client’s character, so our underwriters dig deeper to understand where a client is coming and help them move forward in the right direction.
