Construction Loan / Property Development

construction loan | Property Development | Residential - Commercial

Mortgages by Funds2Go

Inquire about Fund2Go In-house financing for Construction Loans!


Got a land development project coming soon?

Funds2Go Inc Specializes in Construction Loans

When it comes to construction financing, a quick closing can mean the difference between lost opportunity versus a project on time and under budget. While banks are still in loan committee our construction borrowers are out of the ground and on their first or second draw. Our construction loan program is the fastest, simplest financing of its kind in the market today

Not all construction loans are created equal. Just like any product, there are the best loans, good loans and downright bad loans. It’s important to be able to tell the difference between a beneficial and a shady loan and to always proceed with caution..


Construction Property Development Finance?

SMALL OR BIG LOAN [Residential, Commercial or Construction Development Finance] If you are getting nowhere with traditional banks then talk to Funds2Go
Whether you are starting a new build construction project or converting existing properties, we can help.

Funds2Go can do IN-HOUSE fund max. $2.5 million on any single project. However for projects that do not meet our criteria , we have affiliate Lenders we can co-broker with. No matter what your needs we can help you.

Funding for loan amounts ranging from $100,000 to $2,500,000 self funded — over $2,500,000 co-brokered with other lenders.


Funds2Go the trusted brokering company that provides you:

right_blue_arrow  Speed

right_blue_arrow  Knowledge

right_blue_arrow  Finance Options

right_blue_arrow  Private Money Options

right_blue_arrow  Flexibility

right_blue_arrow  Personal Service

right_blue_arrow  Reliability

There is no need for you to deal with multiple Lenders to find the best possible offer for your commercial loan, construction loan or bank alternate home mortgage.

Fund2Go will do all the hard work for you!……There is no obligation and there is nothing to loose!

Commercial construction financing works in two steps :

Real Estate is broadly classified as residential and non-residential property. A property is deemed commercial when it is non-residential, used for business purposes like office space, or rental accommodation, shopping centers and malls etc.

Commercial Construction Loans :

Commercial Construction Loans are primarily meant to build a profit creating business or enterprise.Commercial Construction Loans may also be used to expand a business, acquisition of land, refinance, and construction. The property held as lien could be any Real Estate such as a plot of land where construction is to begin, an apartment complex or the business space that needs to be upgraded.


Commercial construction financing works in two steps :

The first step, is the ‘acquisition and development’ loan, which finances the purchase of buildable land. In this scenario the lender puts up 50% of the entire cost. If the land is available and ready for construction with all approvals in place, the lender can go a bit higher but the general financing in this stage is 50%.

In the next stage is the ‘construction loan’, the finance that you can borrow during the construction period through structured plans and depends on two factors :

Loan to Value Ratio : The factor taken into account here is the value of the land and value of the completed structure. Generally this is 75% loan to value for commercial construction.

Loan to Cost ratio : This is the maximum amount you can borrow related to your construction expense.


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Loan application from Funds2Go


Complete a simple, secure online request and we will contact you.

Commercial Loan options to help you save

Free Consultation

If you’re looking for a better deal FOR YOUR INVESTMENT, DEVELOPMENT PROJECT OR BUSINESS LOAN, consider talking to Funds2Go. We’ll take the time to understand your financial needs and take you through your options. Whether you require a simple, low fee home loan or a more complex loan that lets you take advantage of additional investment opportunities, we can help.


Fund2Go Inc.:(FSCO#12368) a Toronto based mortgage brokerage company doing conventional bank approved mortgages & bank alternative financing aka. private lenders.

Rosmount Capital Funding Inc.  [RCF]:   (FSCO#12397) a private lender.  specializing in construction loans, 1st /2nd home equity bad credit financing, short term bridge loans.


Requirements to Obtain a Commercial Construction Loan :

Since commercial construction loans rely on many factors that are not very tangible, that is on factors that are projections of profit, the process to acquire a loan is also very stringent.

Hence a commercial construction loan proposal needs to elaborate very clearly the objectives and plan of the project undertaken, for the loan to be approved.

First essential: Executive Summary. The executive summary gives a complete planned summery of the project, its necessity, location and the strengths of the project that will make it profitable.

Second essential: Principals Resume.  A complete resume of the principals involved in the project, and the contractor who has been awarded the construction of the project. The resume must also include a list of all successfully completed projects. Work experience specific to the project is a key factor for loan item is approval.

Third essential: Pro-forma Projections of the project, expected income and profits, a complete cost breakdown analysis and time frame ought to be included. Data on property demographic, absorption studies and marketing strategies should also be included. A planned and detailed summary helps in approval of the loan. Incomplete reports often do not qualify for loans.

Fourth essential: Financial Statements.  of the involved principals, the contractor is required too. One of the major factor an under- writer looks into. How reliable is the contractor !

Fifth essential: Pre-Sales.  If the construction is a commercial complex, apartment building, or an office space then information of all pre-sales must be provided with legitimate paperwork and proof. A 50% pre-sale works in your favor when the loan comes up for approval. The important consideration for a commercial construction loan is money, experience and pre-sales.


Commercial Construction Loan Lenders :

Most commercial construction loans are short-term of say, 2 years. Some loans have acquisition costs factored in them. Commercial banks are the first choice for commercial loans. If your project does not qualify, you can explore other less strict options such as a private or sub-prime lender. Private lenders though less stringent charge more interest up to 9% – 15%.

Some lender categories are :

Portfolio lenders

These lenders finance a commercial loan with the aim of retaining the property as part of the company’s portfolio. These lenders generally are commercial banks, life insurance companies and to some extent pension funds, REITS, and investor funds.

Commercial Mortgage Backed Securities (CMBS)

(CMBS) enable investors to take part in a commercial mortgage within a certain reference frame. Commercial loans that the conduit finances are part of portfolio of assets that are then sold to the investors.

Private Investors and Funds

This category of lenders is more flexible than other lenders and obtains the ‘hard money’ from private individuals or groups. They are willing to finance high-risk projects in favor of high returns. Banks generally finance short to mid term construction loans, mini-permanent loans. Private Lenders offer loans, such as bridge loans, low credit loans for projects that do not follow stringent guidelines. NOTE: THIS IS FUNDS2GO INC. & ROSMOUNT CAPITAL FUNDING Inc. MAIN LOAN EXPERTISE

Request Your Free Consultation

Loan application from Funds2Go

Complete a simple, secure online request and we will contact you.

Mortgages by Funds2Go


What’s Crackin’?

must_use_ShantaeDance4Fund2Go is a mortgage brokerage, that does regular Bank financing. We specialize in Bank Alternative Hard Money Private Lending.

Our mortgage brokers understand the importance that comes new loan application, that’s why they will help remove the worry and hassle, whilst providing continual support and guidelines throughout the whole process.


Request Your Free Consultation


Complete a simple, secure online request and we will contact you.



Office Tel: 416.900.8787

Ashton Ward @ 416.953.8920

Hannif Highclass @ 416.444.4252