By partnering with Northview Bank, business owners can make the space they need for their operation a possibility. Our lenders are seasoned professionals, helping to equip business owners with the right construction financing solutions for their operation.

Construction loans from Northview Bank are used to help you build a new facility or remodel or expand an existing one. A construction acts much like a drawdown line of credit. The main difference is the end of the draw period (which can be from 6-24 months, depending on the size of the project). Often, these construction loans can be structured so that the loan will convert from interest only payments (made during the construction period) to regular principal and interest payments without the need for additional refinancing.

Northview Bank’s loan-to-collateral value is preferred at 75% or less.