Builder Program Comparison
Find Your Builder Program
Compare construction financing programs from multiple lenders based on your project requirements.
Your Project Details
$
$
25.0% of project
Loan Amount
$600,000
Loan-to-Cost
75.0%
Programs Available
2 of 4
Prime Builder Program
Major Bank A
Max Loan-to-Cost
75%
Interest Rate (est.)
6.75%
Prime + 2.30%
Max Loan
$2.0M
Est. Interest Cost
$20,250
Features
Fast approval (5-7 days)Flexible draw scheduleStreamlined documentation
Requirements
2+ years experience3+ completed projectsStrong credit (680+)
Emerging Builder
Credit Union B
Max Loan-to-Cost
65%
Interest Rate (est.)
7.25%
Prime + 2.80%
Max Loan
$1.0M
Est. Interest Cost
$21,750
Loan-to-cost too high (max 65%)
Custom Home Builder
Private Lender C
Max Loan-to-Cost
80%
Interest Rate (est.)
8.50%
Prime + 4.05%
Max Loan
$3.0M
Est. Interest Cost
$25,500
Features
Higher LTV availableLuxury home specialistFast funding
Requirements
5+ years experiencePortfolio of workStrong reserves
Spec Home Program
Regional Bank D
Max Loan-to-Cost
70%
Interest Rate (est.)
7.00%
Prime + 2.55%
Max Loan
$1.5M
Est. Interest Cost
$21,000
Loan-to-cost too high (max 70%)
Illustrative program profiles only — lender names, spreads and limits are examples, not current offers. Rates are shown as prime + an illustrative spread, using a 4.45% prime (loading today's rate). Interest assumes a 50% average advance. New homes built for sale require third-party home warranty coverage and builder licensing (BC Housing, Tarion in Ontario, Alberta New Home Buyer Protection).