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Construction & Renovation Season Is Approaching: Secure Your Financing Before Contractors Are Fully Booked

Every spring in Ontario, the same thing happens.
February 8, 2026 by
Construction & Renovation Season Is Approaching: Secure Your Financing Before Contractors Are Fully Booked
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Contractors’ schedules fill up.

Prices rise.

Timelines stretch.

And homeowners who wait too long to secure financing end up delaying projects — or paying more than they planned.

If you’re considering a construction or renovation project, the smartest move you can make right now is simple:

👉 Lock in your financing before contractors get too busy.

At Lendworth, this is exactly the season we prepare for.

Why Timing Matters More Than Ever in 2026

Ontario’s construction and renovation market is already tightening:

  • Skilled trades are in short supply

  • Contractors are booking months in advance

  • Material costs remain volatile

  • Banks are slower and more conditional than ever

If you don’t have financing confirmed before you start calling contractors, you risk:

  • Losing your preferred builder

  • Paying premium rush pricing

  • Missing optimal construction windows

In today’s market, approved financing = leverage.

The Biggest Renovation Mistake Homeowners Make

Most homeowners:

  1. Plan the renovation

  2. Get contractor quotes

  3. Then apply for financing

By the time financing is approved (if it’s approved at all), the contractor has moved on.

Smart borrowers reverse the order.

They secure funding first — then book contractors with confidence.

Why Banks Slow Down Construction & Renovation Projects

Traditional lenders often struggle with:

  • Draw schedules

  • Incomplete plans

  • Self-employed income

  • Property condition during renovations

  • Tight timelines

That’s why many renovation and construction projects stall before they even begin.

Private, equity-based financing fills that gap.

How Lendworth Helps You Get Construction-Ready

Lendworth specializes in construction and renovation financing designed for real-world timelines.

What We Focus On:

  • Property value and equity

  • Clear renovation scope

  • Sensible loan-to-value structures

  • Fast, practical approvals

Common Uses:

  • Home renovations

  • Additions and conversions

  • Basement units

  • Property upgrades before sale

  • Construction bridges

We structure financing so you can book contractors early and keep projects moving.

Why Early Financing Saves You Money

When your financing is ready:

  • Contractors take you seriously

  • You can lock in schedules earlier

  • You avoid last-minute premium pricing

  • Projects finish faster

Waiting until peak season often means:

  • Higher labour costs

  • Fewer contractor options

  • Missed deadlines

In construction, speed is money.

Renovation & Construction Are Equity Decisions

In today’s Ontario market, renovation financing is less about income — and more about equity and execution.

That’s where Lendworth excels:

  • Equity-based approvals

  • Clear terms

  • Transparent process

  • Reliable closings

Final Word: Don’t Wait Until Contractors Are Gone

Construction and renovation season doesn’t wait — and neither do good contractors.

If you’re planning a project this year, secure your financing now so you can move forward with confidence when builders are booking fast.

📞 Call Lendworth today to discuss construction or renovation financing.

Your Equity Deserves More™