The amount you can borrow to build a home with a construction mortgage will depend on several factors that are unique to you. It is a lot like applying for a so-called, ‘regular’ mortgage. The lender will look at how reliable you will be as a borrower. You should have a down payment ready, a stable job with sufficient income to pay for your project, a good credit score, and more. Each lender will have their own criteria for evaluating your case. Not many lenders will take on this type of mortgage, since it involves a lot of risk. Experienced mortgage brokers can help you find them, however. A mortgage broker can also assist you in gathering the materials needed to document your eligibility for this type of program. Please see more on our website.