Years of mortgage experience and access to multiple lenders help create financing strategies designed around your construction project.
Building a custom home or completing a major renovation requires more than just a vision — it requires the right financing strategy from the beginning. Construction mortgages are designed to fund your project in stages, helping ensure you have access to capital as construction progresses.
Mike Boniferro is a trusted Mortgage Broker in London, Ontario helping homeowners, builders, and buyers secure construction mortgage solutions tailored to their project goals, timeline, and budget. Whether you’re building a new custom home, renovating extensively, or constructing an investment property, you’ll receive personalized mortgage guidance designed to simplify the process.
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A process built around communication, speed and service
Construction financing involves more moving parts than a traditional mortgage. Working with an experienced Mortgage Broker helps ensure your financing structure supports your construction timeline, budget, and long-term goals.
Mike Boniferro helps borrowers across London, Ontario navigate construction mortgage requirements clearly while coordinating financing solutions tailored to their project.
Years of mortgage experience and access to multiple lenders help create financing strategies designed around your construction project.
Construction projects move quickly. Clear communication and fast responses help keep financing organized throughout the process.
Construction mortgages can be customized around your project type, budget, timeline, and builder requirements.
You’ll receive honest guidance and personalized support from start to finish.
A construction mortgage is designed to finance the building or major renovation of a property. Instead of receiving all funds upfront, construction financing is typically released in stages as the project progresses.
Mike Boniferro helps buyers across London, ON understand construction mortgage structures clearly so they can plan their projects with confidence.
Funds are released gradually during different construction milestones rather than as one lump sum.
Construction mortgage solutions can be tailored for custom homes, large renovations, additions, or investment builds.
During construction, many borrowers only make payments on the funds already advanced.
Construction financing offers flexibility designed specifically for building projects and renovation timelines.
Mortgage solutions are structured around your specific construction plans, budget, and property goals.
Funds are released in stages as construction progresses, helping manage project cash flow efficiently.
Some construction financing products allow interest-only payments during the building phase to reduce short-term financial pressure.
Construction mortgages may be used for custom home builds, additions, major renovations, or redevelopment projects.
Construction financing can support a variety of residential building and renovation goals.
Construction financing should feel organized, transparent, and manageable from the beginning.
We discuss your building plans, budget, timeline, contractor information, and financing goals to determine the best mortgage strategy for your project.
Construction plans, builder details, project costs, and timelines are reviewed carefully while structuring your mortgage approval and draw schedule.
Your construction mortgage is approved and funds are released gradually throughout key stages of the building process as construction milestones are completed.
Once construction is complete, your mortgage transitions into standard mortgage repayment while you move into your finished home or completed property.
A quick consultation can help you better understand construction mortgage options, project financing structures, and the best strategy for your build.

Construction mortgages require careful planning, coordination, and lender expertise. As a local Mortgage Broker in London, Ontario, Mike Boniferro helps borrowers navigate construction financing confidently while minimizing unnecessary stress.
| Transparent communication | Clear explanations without confusing financial language. | |
|---|---|---|
| Fast responses when timing matters | Questions answered quickly so you can move confidently. | |
| Local Ontario market understanding | Support tailored to real buyers in London and surrounding areas. |
Trust matters when you’re making one of the biggest financial decisions of your life.
EXCELLENT
Based on 91 reviews
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Mary MaryTrustindex verifies that the original source of the review is Google.
Amazing experience! Very professional, helpful, and knowledgeable throughout the entire process. Made everything smooth and stress-free. Highly recommend!
Owner's reply
Mary, we appreciate you sharing this wonderful feedback. We are glad our team's professionalism and knowledge kept the process smooth and stress-free. Your recommendation means a lot, and we hope to assist you again in the future.Posted on Google![]()
Victoria WernhamTrustindex verifies that the original source of the review is Google.
I would highly recommend Mike after our experience financing a rental property. Mike was quick to respond to our inquiries, got us the best rate available and made helpful suggestions on improving the property. The experience was seamless from start to finish.
Owner's reply
Thank you Victoria, It was great to help you with this amazing investment you made! I'm so glad it worked out as well as it did.Posted on Google![]()
kyle smithTrustindex verifies that the original source of the review is Google.
Very attentive and responsive. Even when our business needs didn’t require his service he reached out and ensured we got the best rate. We recommend his services to a friend and they were able to find their dream home with his help.
Owner's reply
Kyle, thank you for the kind review. We’re glad we could stay proactive and help secure the best rate for you even when our services weren’t required. Hearing that your friend found their dream home with our assistance is fantastic. We value your referral and look forward to helping again.Posted on Google![]()
Mitchell IrwinTrustindex verifies that the original source of the review is Google.
We friendly and personable! Answered all our questions no matter what they were or how often we asked lol very knowledgeable and was able to get an even better deal then we hoped! We have recommended Mike to everyone we know and continue to use his help today!
Owner's reply
Mitch, thank you for the wonderful review. It means so much to hear that you were happy with the service, and your mortgage! I appreciate your support and look forward to working with you again!Posted on Google![]()
Umid RasheedTrustindex verifies that the original source of the review is Google.
Best mortgage broker ever. I recommend every one to deal with him he get you best rate and best deal. Thanks you Mike
Owner's reply
Thanks Umid, I appreciate your support and business over the years!Posted on Google![]()
William SercombeTrustindex verifies that the original source of the review is Google.
great service .. no hitches
Owner's reply
William, we’re thrilled to hear you experienced great service with no hitches. That feedback really encourages our team to maintain high standards. We look forward to serving you again.Posted on Google![]()
Lucas DeveauxTrustindex verifies that the original source of the review is Google.
The best around!
Owner's reply
Lucas, thank you! The feeling is mutual! I appreciate your support 😊Posted on Google![]()
NedalTrustindex verifies that the original source of the review is Google.
Working with Mike made the entire mortgage process incredibly easy and stress-free. From our very first conversation, he was exceptionally helpful and always responded quickly to my questions, no matter how small. Mike truly cares about the details, ensuring everything was handled accurately and efficiently from start to finish. I highly appreciate his dedication and prompt communication, and I would recommend his services to anyone looking for a seamless mortgage experience.
Owner's reply
Nedal, thank you for your review and recommendations. I am grateful to have the opportunity to work with you!Posted on Google![]()
mehak mundraTrustindex verifies that the original source of the review is Google.
Great experience with Mike. he is a. professional, helpful, and easy to work with. He made the whole process simple and stress-free. Highly recommended!
Owner's reply
Thank you so much, Mac! Congratulations on the new home, and I look forward to supporting you with future mortgages!Posted on Google![]()
Nigel MahabirTrustindex verifies that the original source of the review is Google.
I’ve had such a great experience working with Mike Boniferro over the years. He has helped me with everything from my new construction mortgage and refinancing to financing a new business opportunity, and I’m incredibly grateful for the support he has given me through each step. Mike genuinely takes the time to understand what you’re trying to accomplish, whether it’s personal or business related. He explains your options clearly, answers every question, and works hard to find financing that makes sense for your situation. He’s responsive, honest, patient, and always makes you feel like he truly has your best interests in mind. Having someone you can truly trust when making some of life’s biggest financial decisions is incredibly important, and Mike has been that person for me. He’s been there through some exciting and important chapters in my life, and his guidance and support have meant more to me than I can say. I’m genuinely thankful to have had Mike in my corner through it all, and I wouldn’t hesitate for a second to recommend him to my family, friends, or anyone looking for someone who will truly care about their goals and help make them happen. Thanks, Mike, for always going above and beyond and for being someone I know I can count on. I truly appreciate everything you’ve done for me!
Owner's reply
Thanks Nigel, the feeling is mutual. I'm so happy for you and your family, and wish you all the best with the new business and construction ventures!
Explore local mortgage support tailored to your area.
A short conversation can help you understand your options, reduce uncertainty, and create a mortgage plan that fits your life.
A construction mortgage is a financing solution designed to fund a home build or major renovation project in stages throughout construction.
Funds are typically released in phases based on construction progress and completed milestones.
Down payment requirements vary depending on the project, lender, and borrower qualifications.
Yes. Construction financing may be available for major renovations, additions, or redevelopment projects.
A Mortgage Broker can help compare lenders, structure financing properly, and guide you through the construction mortgage process clearly and confidently.

