Getting land through the development process is an arduous task. The last thing you need is a financial headache to slow you down. Yet not every lender shares your vision or enthusiasm.
For the developers of a vacant lot in Markham – soon to house 10 single-family dwellings – financing from Foremost Financial proved essential to moving things along, providing funds to quickly close the transaction, cover development costs, and set up an interest reserve so the borrower won’t be out of pocket moving forward.
Once services are in place, we’ll gladly finance construction too. They know they can count on us, through both the hard and easy parts of the process.