Construction Loans in Ontario
Build with confidence.
Private construction financing for custom homes, infill projects, renovations, and small-scale development.
Lendworth provides equity-based construction-loan options with flexible draw schedules, clear terms, and fast decisions once project details are confirmed.
Private Construction Loans — Equity-Based Lending
Traditional lenders make construction loans tough.
Rates starting from 11.99%
Clear options — often within 24–48 hours once details are confirmed
Flexible draw schedules
We fund land + construction or construction-only
Low documentation requirements
No single minimum credit score
Income flexibility (file-dependent)
Ontario-wide (priority to GTA, Vaughan, Toronto, York Region)
Appraisals reviewed through Lendworth’s proprietary valuation model
Build now — without bank delays.
Construction Loans Are Best For?
Perfect for:
Custom home builders
Homeowners building on their own lot
Investors completing renovation/flip projects
Developers doing infill work
Landowners preparing for future development
Borrowers who cannot qualify for bank financing
Self-employed or unconventional income borrowers
If your project has equity and viability — we can fund it.
How Much Can You Borrow?
Financing based on equity and location.
Loan Amounts: $100,000 – $5,000,000+
Loan-to-value: Structured using completed value (ARV), location, and project risk
Advance Type: Draws or holdbacks
Rates: Starting from 11.99%
Terms: 6–18 months
Eligible Properties: Detached homes, townhomes, semis, multi-residential (case-by-case)
Your budget and timeline guide the structure.
Our Lending Criteria.
Simple, fast, transparent.
Strong location (GTA, Vaughan, Toronto preferred)
Clear project budget and timeline
Appraisal or ARV report required
Builder experience helpful but not mandatory
Exit strategy required (sale or refinance)
Credit score not a primary factor
Income verification flexible
We finance good real estate — not paperwork.
Trusted by Ontario builders and homeowners who need clear, equity-based construction-loan options.
Lendworth makes building your dream home simple, reliable, and stress-free.
Top Construction Loan questions answered
Get a quick construction loan approval
Lendworth funds a wide range of construction projects, including:
• New home builds
• Large-scale renovations
• Additions and extensions
• Tear-down and rebuilds
• Cottage and rural builds
• Investment or spec homes
Whether you’re a homeowner, builder, or investor, we can fund projects banks avoid.
We can provide conditional approval in 24 hours and fund your first draw within 24–48 hours, depending on lawyer availability.
Banks often take weeks — Lendworth moves at the speed your project needs.
Not necessarily.
We can review your project at any stage, including:
• Pre-permit
• Mid-construction
• Near completion
• Build stalled due to lack of funds
If you have equity in the property and a clear project scope, we can help.
Construction loans are typically funded in progress draws, such as:
• Initial land or property draw
• Framing draw
• Enclosure draw
• Mechanical/rough-in draw
• Final completion draw
We move quickly between stages to keep your contractors paid and your build on schedule.
Yes — many borrowers come to Lendworth after being declined by banks due to:
• Self-employment
• Lack of income verification
• Credit issues
• Appraisal complexity
• Non-conforming builds
• Tight timelines
Our approvals are equity-based, making construction financing accessible for more Ontario homeowners and builders.
Why Borrowers Trust Lendworth
We are a GTA-based private mortgage lender committed to transparency, fast turnaround, and strong investor-backed lending. Our approvals rely on real-world property values, ensuring you receive a fair and accurate offer every time.
Backed by Lendworth MIC’s disciplined underwriting process, we focus on capital preservation, efficient execution, and five-star service.