New Home Construction

We can help you build your dream home.

Building a home is no small task. From choosing the floor plan to learning about the best restaurants in your neighbourhood, you have a lot on your mind. The last detail you want to worry about is your mortgage. TCU Financial Group offers a construction financing solution with the expertise and experience you need to build your dream home.

Our construction financing provides you up to four loan advances to pay contractors and purchase materials throughout the construction process. This provides you the flexibility to build your home the way you want to.

Eligible building arrangements for construction financing include:

  • Home purchase from a builder where the builder finances the construction
  • Home purchase from a builder where the member finances the construction
  • Ready to Move (RTM) home purchase
  • Self-build where the member owns the land and the member hires a general contractor or act as the general contractor

Mortgage Options

If you would like to guarantee a fixed payment for the length of your term, a fixed rate mortgage would be best for you.

A variable mortgage allows you to take full advantage of changing interest rates over the course of your term.

Mortgage Calculators

Our easy-to-use calculators can help you build a borrowing plan and determine your flexible payment options.

Make the most out of your credit union membership with these solutions.

Accessing your money shouldn’t cost you fees. Save as much as $360 a year in bank fees with our No Fee Chequing Account.

Learn More

Earn rewards, pay no annual fees, or get a low annual interest rate. The choice is yours with a TCU Financial Group Mastercard.

Shop with confidence knowing you have secured the vehicle financing required to purchase your vehicle. Whether you are buying your vehicle from a dealership or privately, we have vehicle financing solutions that work for you.

  1. Subject to additional approvals. Must meet certain approval conditions. Cost of credit and any fees associated with the loan will be disclosed at the time of approval. Maximum construction period is one year. Maximum of four loan advances.
This website uses cookies to improve your user experience. By continuing to browse the site you are agreeing to our use of cookies.