Custom Home Resources
Construction Loan For a Custom Home in BC: How Construction Financing Works
A construction loan for a custom home in BC (often called a progress-draw mortgage) funds your build in stages, not all at once. Your lender releases money after specific milestones are verified, you typically pay interest based on what has been advanced, and the financing often converts to a standard mortgage once the home is…
Read More2-5-10 Home Warranty BC: What It Covers For New Custom Homes
If you’re building a new home in BC, the 2-5-10 home warranty is the minimum warranty insurance coverage that applies to many new homes. It covers specific construction defects for set periods: 2 years (materials and labour), 5 years (building envelope), and 10 years (structural defects), with definitions, limits, and exclusions set by policy and…
Read More