Скачать или смотреть Why Most Ottawa Buyers Can’t Get a Construction Mortgage

Thinking about building a home in Ottawa? This is where a lot of buyers get stuck.

In this short clip, we break down how construction mortgages actually work in Ottawa, and why most major banks won’t fund your build the way people expect.

Here’s the reality many buyers don’t hear upfront:
Banks typically won’t lend on a lot that isn’t paid off.
They don’t release funds at the start of construction.
You’re often expected to cover 40–60% of the build before the bank steps in.

Why? Because banks aren’t builders. They lend money to get paid back, not to take on construction risk.

If you’re buying land, planning a custom build, or weighing whether building vs buying makes more sense in today’s Ottawa real estate market, this is a must-know before you move forward.

We share practical, local insight to help Ottawa buyers and sellers make smarter decisions before they commit.

Have questions about building, buying, or selling in Ottawa? Drop them in the comments.