Have your eye on a great piece of land? Maybe looking to expand your operation by constructing another building?
With FCC Mortgage Loans, you can make your purchase knowing you're in control of your finances.
Customize your loan by choosing from different interest terms, maturity dates, amortization periods and repayment schedules. You can register your mortgage for an amount larger than your immediate needs. When you need more money, simply apply as you normally would, with one important distinction: your mortgage is already registered so land titles and legal fees will be much less.
Most of our Mortgage Loans have built-in prepayment privileges. Prepay Anytime lets you pay up to 10 per cent on your designated FCC loan at any time, as often as you like, during each calendar year.
Loans that work for producers
Many FCC loans are based on a deferred payment system, so you can make a real profit before having to make a real payment.
You can schedule payments around off-farm income, growing cycles or during construction. We can also help you transfer your farm or business so you can prepare for retirement.
Build the loan that's right for you
A Mortgage Loan is all about options. Working with your Relationship Manager, you can choose the rates and terms that will make your money go further.
Choose your options
- Benefit from our best variable interest rate
- Prepay up to 10 per cent of the original principal at any time during the year
- Have the option to convert to another FCC loan at any time
All of the benefits of the Variable plus:
- Prepay any amount at any time
- Get maximum payment flexibility
- Get a low rate that is fixed for the term of the loan
- Eliminate the risk of rising interest rates
- Lock in rates to match your long-term plans
All of the benefits of the Fixed Closed plus:
- Have the option to prepay up to 10 per cent of the original principal at any time during the year
Ask us about protecting your family and business with Loan Insurance.
Is this the right loan for you?