Construction and renovation financing

What it is

The money does not come all at once: it is released against site measurements, as the work advances. That protects your pocket and keeps the cost of the credit proportional to what has already been built.

It works both for building from scratch on your own land and for large renovations.

When it makes sense

• You have the land and an approved project
• The build has a defined schedule
• Building comes out cheaper than buying finished

How it works

• ProjectWorks schedule and budget for the build.
• OfferComparison among the institutions that do construction lending.
• ApprovalAnalysis of the credit, the land and the project.
• Release by stagePeriodic inspections releasing each instalment.

What you will need

• Title record (matrícula) of the land
• Approved project and building permit
• Budget and schedule for the build
• Photo ID, CPF (Brazilian individual tax ID) and proof of income

The list can change with the institution and the size of the deal. I confirm what is actually required before you gather a single document.