Effective January 1, 2026: Conexus Credit Union 2006, Cornerstone Credit Union Financial Group Limited, and Synergy Credit Union Ltd. amalgamated as Conexus Credit Union. Learn more.
Agriculture construction mortgage
Constructing new buildings, expanding your operation, or developing agricultural property takes planning — and the right financing. A construction mortgage provides stage‑based funding to support projects like RTM (Ready-to-Move) buildings, machine sheds, barns, grain storage, workshops, processing facilities, or new commercial farm structures.
Why choose a construction mortgage from Conexus?
A construction mortgage from Conexus gives your farm the support it needs to build or expand with confidence. Whether you’re putting up a new barn, shop, grain facility, or commercial ag building, you’ll get flexible, stage‑based financing that matches your construction timeline and cash‑flow cycle. You make interest‑only payments during the build and move to blended payments once it’s complete. With advisors who understand Saskatchewan agriculture and the realities of running a farm, you get a clear, dependable path to growing your operation.

What is a construction mortgage?
A construction mortgage is financing used to acquire land, develop agricultural property, build new farm or commercial structures, or purchase and install an RTM. It supports large, long‑term projects throughout the construction process. This is a mortgage product — not a revolving credit source — and is designed to align with the unique cash‑flow cycles of farm operations.
Features of a construction mortgage
Construction mortgages have options that include:
Financing tailored for the purchase of agriculture land and construction of barns, shops, storage structures, processing facilities, RTMs, and other ag‑related buildings
Flexible term and amortization options designed for long‑term growth
Choice of fixed or variable interest rates
Structuring for agricultural timelines, budgeting, and operational needs
What to expect with a construction mortgage
Additional considerations include:
Construction timelines impact when funds are released
Down payment requirements vary depending on land type and project scope
Agricultural construction mortgage rates may differ from other loan types
Inspections or progress reports may be required for each draw
Refinancing may be available after construction for long‑term amortization
Related tools and services
Mortgage calculator — Estimate payments and plan ahead
Ag Grow Fund — Reinvest in your ag or farm operations
Business credit cards — For everyday farm purchases
Business services — Payments, deposits, cash management

Have questions?
That's what we're here for!
Meet with one of our business advisors to see if a construction mortgage is right for your farm or ag business. Fill out our contact form and we’ll contact you within one business day.