Island Savings

Commercial Construction Mortgage

This mortgage is for you if:

  • you want to buy a new “home” for your business which needs significant improvements.
  • you're planning to develop a commercial property or diversify your investment portfolio to include real-estate.

Overview

It really couldn’t be simpler to get the business mortgage you need. At Island Savings, our business banking advisors will help you get the perfect mortgage solution for your growing business!

Key Features & Benefits

  • Full service construction & term lending for:
    • Office
    • Industrial and retail
    • Residential subdivision and multi-residential properties
  • Funds are available on a draw basis keeping interest costs low until the project is complete
  • Mortgage amounts of $50,000 to $20,000,000
  • Financing for new & existing properties
  • Interest only payments until completion
  • Interest rates which float with Prime rate
  • Quick approval
  • Flexible payment options

Ready to apply? Applying for a business construction mortgage with us is easy!

Online

To apply for a business construction mortgage, contact us and let us know what your borrowing needs are—we'll handle the rest.

In Person

If you're more comfortable coming in to see us, we'd be happy to go through the business mortgage application process with you.

By Phone

If you’d like to call us, please contact any of our business banking advisors.