Unity Credit Union - Business Mortgage

Business Mortgage

Owning your own operating facility, office building or farmland can be a key strategy to business success - but what's right for you and your business? Unity Credit Union's Account Managers will be pleased to work with you to answer that question, with several options to make property ownership the right move for now, and for years to come.

Who Might Use this Product?

Agriculture or commercial account holders looking for a mortgage with flexibility and a competitive rate.

Cost Savings and Member Benefit

Competitive interest rates - fixed or variable
Free mortgage renewals
10% annual pre-payment option
Members are eligible for cash rebates through our Member Rewards program

Convenient and Flexible

- Local in-house approval - usually within 48 hours
- Pre-approval available
- Multiple re-payment options available including
  - Payment frequency of weekly, bi-weekly, monthly, semi-monthly or semi-annually
  - Amortization up to 15 years for commercial and 25 years for agriculture
  - Terms up to 5 years
  - Payments can be made by automatic transfers

Peace of Mind

Loan insurance available (life and disability)
Cost of credit and any fees associated with the loan will be disclosed at the time of approval

Information about your Mortgage

You have many different ways to access your account information or history

In-branch assistance - 5 days a week
Immediate access via Online Banking and Unity Credit Union Mobile App
Monthly detailed statements including e-statements

Insurance for what matters most

We offer mortgage insurance options for payment protection on business mortgages. Our Account Managers can help you choose the options that are right for you

Mortgage Insurance

Guaranteed rate – If the posted rate changes within 60 days, we will offer you the lower rate.
Pick your rate – Select from a range of variable and fixed interest rates, depending on your needs.
Pay it down faster – Make optional pre-payments (up to 10% of the original amount each year) to pay down your mortgage faster.

Personalized support – Our team of local Account Managers will make sure you have tailoured advice and a plan for every step of the process.
Mortgage Protection Insurance – Get peace of mind with mortgage insurance, which includes payment protection.
Local Decision Making – Decisions are made quickly and locally, to ensure you get a response as soon as possible.

Need a hand?

Financing a property is a big decision. Let our Account Managers ensure you make the right choices.

Mortgage Calculator

Our nifty loan calculator will crunch numbers to estimate your payments, determine when you'll be paid off and more.

CALCULATE NOW