A trusted project by the Kothari Group.

Construction Lending

Construction Mortgage Guidelines & Rates

PositionInterest Rate (Starting At)Lender Fee (Starting At)Max LTVTerm
1st9.5%2%Up to 65%1 Year
2nd11.99%3%Up to 65%1 Year

From land acquisition to final advance, Mercury Mortgages Inc. supports brokers with flexible construction financing that keeps projects moving forward — without the red tape.

Private Construction Financing Designed for Real-World Projects

At Mercury Mortgages Inc., we understand that construction financing isn’t just about funding — it’s about timing, flexibility, and trust. We provide 1st and 2nd private construction mortgages for both residential and commercial projects, tailored to the specific needs of brokers and their clients.

Whether it’s a ground-up build, an infill development, or a multi-phase residential or commercial project, we support construction with common-sense underwriting and responsive draw schedules. Our team moves quickly to assess the project, coordinate funding stages, and ensure capital is available when it’s needed most.

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