builder mortgages have been available in manitoba for more than a decade,
and Gosselin says Scu was one of the first credit unions in the province to
make them available.
He says it made sense for Scu to offer builder mortgages since it was already
heavily involved in commercial and agricultural lending and had developed
strong relationships with a number of developers in southeast manitoba and
Winnipeg.
"this was a way of … facilitating the creation of new homes in terms of the
builder, but also facilitating a very attractive mortgage for these homeowners
to buy at a very attractive price point."
Scu's builder mortgage program has enjoyed significant growth since its in-
troduction. It is now working with nearly a dozen builders after beginning with
just a couple of active builders. the program has also grown to represent 20%
of Scu's overall retail mortgage business.
Gosselin attributes that growth to the fact builder mortgages make the process
of building a new home far simpler and more cost effective for home buyers.
"I think people are looking for a quality mortgage," he says. "but they are also
looking for simplicity."
'I think people are looking
for a quality mortgage.
But they are also
looking for simplicity'
Visit us at our current show homes:
186 Lake Bend - Bridgwater Lakes
16 Waterstone - South Pointe
Imagine it
Build it
204-261-8728
www.kdrhomes.com
knowledge » design » reliability
20 Parade of Homes Fall 2014
DollaRs anD sense
Cont'd from page 18
