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.