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