Build a Home

Embark on Your Home Construction Journey with TTMB

About the Financing

Service Characteristics

Discover the pathway to realising your dream home with TTMB. We offer competitive loan options tailored to your construction needs.

Key Features

What to Expect

Competitive Interest Rate

Benefit from a fixed interest rate of 6%, ensuring stability and predictability throughout the construction phase of your dream home.

High Financing Coverage

Enjoy financing up to 90% of the construction costs, empowering you to embark on your home construction journey with minimal upfront expenses.

Flexible Repayment Terms

With repayment terms extending up to 30 years, you have the flexibility to manage your finances comfortably while bringing your dream home to life.

Transparent Fees

Our acceptance fee, capped at 1% of the loan amount or a minimum of $500.00, ensures transparency and clarity throughout the loan application process.

Bridge Financing Option

Bridge financing is available at the same competitive interest rate, facilitating smooth transition and continuity in your construction process.

Construction Period Support

Construction financing is available for a limited period of 12 months, ensuring timely completion of your home project.

No Mortgage Indemnity Insurance

Unlike traditional mortgage offerings, our program does not require mortgage indemnity insurance, further simplifying the application process.

No Life Insurance Requirement

Additional security in the form of life insurance is not mandatory, providing you with flexibility in structuring your financial arrangements.

No Prepayment Penalties

Enjoy the freedom to make early repayments without incurring any penalties, allowing you to manage your finances effectively and accelerate your journey towards homeownership.

How to Get Started

Once you’ve been prequalified, start your home construction journey by submitting your building plans for approval by the Town and Country Planning Division and Regional Corporation. Explore our comprehensive How-to-Guide to compile the necessary legal documentation required for building your dream home.

At TTMB, we understand the significance of building a home as a cornerstone of your financial future. Let us accompany you on this journey, providing expertise, support, and guidance every step of the way. Begin your home construction journey today!

Required Documents

Two (2) copies of all documents must be provided.

Standard Documents

Additional Documents

*Evidence of Income

Submit an Original Job Letter & Pay Slip. If self employed, submit Financial Statements for the last three (3) years and Bank Statements for the last three (3) years, stating the average monthly balance. If you are employed on contract, submit copies of employment contracts for the last three (3) years.

**Evidence of Savings & Indebtedness

Submit statements from all financial institutions with which you deal, including credit unions (monthly payments towards loans must be indicated on these statements).

Application Costs

What do I need to pay?

Estimated Application Costs​

Closing Costs

Receive Property for Sale Alerts

Receive an email notification when TTMB lists Property for Sale.

Advance Protector

Keep your family covered in the storm of your passing.