Are you looking for construction financing in the GTA (Greater Toronto Area) that offers more bang for your buck? Whether you need money for renovations, or you are planning on a new build property there is a unique and interesting way you can both save money AND earn cashback during the process.

First, construction financing is generally extended to customers in a wide variety of situations and as such lenders will look at the distinctive circumstances and offer a product that is tailored to the individual. For instance, where renovations are concerned, construction financing may look like a mortgage for a new purchase of a home that requires immediate renovation, or it may look like refinancing an existing mortgage to cover costs. For new build properties, construction financing in the GTA can vary based on who will be physical building the house, either yourself or a builder.

Secondly, in the pursuit of getting more bang for your buck, you will find that any cashback options or discounts to save money on construction financing directly from a lender will be limited and underwhelming. To expand,’ discounts’ on mortgages or financing really only amount to getting the best possible rates for your current financial situation, and getting cashback directly from lenders means opting for a cashback mortgage.

It should be noted that cashback mortgage products will completely negate the possibility of getting the best possible rates as they typically come with a higher than average interest rate. It should also be noted that cashback mortgages also carry severe and costly penalties when the terms of the mortgage are altered.

A unique and interesting way you can truly save money and earn cashback is by shopping smarter. Shop2Save is a revolutionary online discount-shopping platform that also offers a unique type of loyalty program.

Shop2Save harnesses the power of crowd buying in order to negotiate volume discount pricing. The bigger the member base, the bigger the savings. As such, the Shop2Save loyalty program is created entirely to benefit the member. For each dollar spent, members earn real cashback dollars. Members also earn cashback rewards for referral purchases. Another way Shop2Save demonstrates the altruistic nature of it’s business is by regular donations to Canadian children’s hospitals like Sickkids in Toronto.

If you’re wondering how Shop2Save can facilitate discounts and cashback with construction financing in the GTA, it’s also because of the innovate offerings on their platform. In addition to providing members with volume discounts on everyday purchases, Shop2Save also offers rewards for members who are shopping for big-ticket items such as home insurance, automobile insurance, real estate and mortgages. For major life purchases like these, Shop2Save services it’s members with only the top most reputable professional companies in Canada. For construction financing, that’s Dominion Lending Centres.

If you aren’t yet acquainted with Dominion Lending Centres, they are the leading Canadian mortgage company. With just under three thousand mortgage professionals under their wing they are the best place to find a ‘discount’ when shopping for construction financing. Further, when you arrange for financing through Shop2Save you will be eligible for real cashback on your construction mortgage or loan, not the type of cashback that costs more in interest and penalty costs.

If you are looking for construction financing in the GTA, consider Shop2Save to get more bang for your buck. It is a unique and interesting way you can save money AND earn cashback during the process.