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.
Business Construction mortgage
Building or expanding a commercial property is a significant investment — and having the right financing in place helps ensure your project stays on track. A construction mortgage gives you structured funding to support your build from start to finish, whether you're developing mixed-use, industrial, retail, multi-family residential, or RTM (Ready‑to‑Move) projects.
Why choose a construction mortgage from Conexus?
A construction mortgage from Conexus gives your project the financial structure it needs from the first blueprint to the final walkthrough. You get funding that aligns with your construction timeline and guidance from advisors who understand the realities of running a business in Saskatchewan. Whether you're expanding, upgrading, or building something new, we help you stay on track with clear support, flexible options, and a financing plan that grows with your vision.

What is a construction mortgage?
A construction mortgage is financing designed to help businesses acquire land, develop commercial or multi-family residential property, RTMs, or construct new buildings. It provides funding for large projects that need structured, long‑term support — and unlike a line of credit, it’s a true mortgage product, not revolving debt.
Features of a construction mortgage
Construction mortgages have options that include:
Financing tailored for commercial, industrial, and mixed‑use construction
Options for property purchases, new builds, expansions, RTMs, and major renovations
Flexible term and amortization structures
Fixed or variable interest rate options
Supporting commercial and investment property development
What to expect with a construction mortgage
Additional considerations include:
Project timelines influence your funding schedule
Commercial construction mortgages may differ from residential loans in rates, terms, and down payment requirements
Inspections or third‑party progress reports may be required before each draw
Refinancing options may be available upon project completion
Approval may require business financials, project plans, and cost estimates
Related tools and services
Mortgage calculator – Estimate payments and plan ahead
Business credit cards — For everyday business purchases
Business services — Payments, merchant services, and 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 business. Fill out our contact form and we’ll contact you within one business day.