Construction Mortgages
When you renovate or develop a commercial property Northern Savings Business Services can provide you with a construction mortgage designed specifically for your business needs.
Features & Benefits
- Phased advancement (your loan is advanced at different stages of construction)
- Variable rate or fixed rate
- Terms available up to 5 years
- Amortizations of up to 25 years
- Flexible repayment terms
- Quick turnaround time on loan advance requests