Say goodbye to Interim Occupancy Interest
Problem Overview
New construction condominiums play an increasingly important role in the supply of new housing. Unfortunately, many new condominium purchasers are unaware that complexities in Ontario’s condominium registration process will cost them thousands during the interim occupancy period.
Solution Overview
To mitigate this problem, OneClose created a breakthrough solution that enables new condominium buyers in Ontario to obtain a mortgage before final closing and avoid unnecessary interim occupancy interest payments. Through their work with reputable developers and lenders, OneClose is Ontario’s gold standard for new condominium financing and will collectively save new condominium buyers in the GTA more than $1 billion in the coming years.
