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Land development loans from Northview Bank can help Minnesota businesses and contractors take the right, strategic steps forward. By partnering with local Minnesota builders and business owners, Northview Bank is helping them make the right financial decisions for both their present situation and their future vision.
Land Development Loans from Northview Bank are specifically designed for use in developing raw land into usable, individual lots to then be sold to other individuals for further use, such as building a home or new warehouse. The loan structure will often require interest-only payments to be made on a regular basis during the term with principal pay down expected when the lots sells.
Talk to a knowledgeable Northview Bank loan officer if you have any questions about our products, what loan would best benefit your business or how we can help you grow. You deserve a commercial lending team that is both informed and engaged. Northview Bank brings big-business expertise while maintaining the community touch. We want to be your partner in business and in life.
What is a Land Development Loan?
A land development loan provides financing to prepare land for future use or construction.
This may include:
Unlike traditional loans, development financing is structured around project timelines and future value, giving you the flexibility to build and scale.
What can you use a land development loan for?
Residential Development
Commercial Development
Land Improvement Projects
We make it easy! To apply for a loan you, fill out our online application and one of our lending specialists will contact you.
Getting started is easy:
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