Mortgages and Mortgage Loans

Offering flexible and long-term financing to match seasonal cash flow

Mortgages and Mortgage Loans

Mortgages

Get long-term financing to buy or transfer farmland

Overview

Provides flexibility and customization to match seasonal cash flow

Mortgage Loans

Buy more farmland, make improvements or transfer ownership to someone else with our mortgage loans

Overview

Provides payment flexibility tied to seasonal cash flow
Offers fixed or variable interest rates
Offers prepayment privileges

Scotia Farm Mortgage Loan¹

Flexible, long-term financing to buy farmland, fund improvements or make purchases secured using land equity.

Offers fixed or variable interest rates with options to fix at any time
Provides payment terms to match seasonal cash flow
Offers generous prepayment privileges
Gives options to include your Scotia Farm Mortgage Loan under Scotia Flex for agriculture

Scotia Farm Legacy Mortgage²

Scotia Farm Legacy Mortgages are term obligations secured by farm real estate and payable according to a regular schedule
Transfer farm to family
Offers flexible long-term financing to buy farmland, make improvements, or restructure existing loans
Offers fixed or variable interest rate with the option to fix at any time
Provides payment terms to match seasonal cash flow
Terms of 1 to 5 and 7 and 10 years
Ability to gift equity in the farm to family as downpayment
Offers annual prepayment privileges up to 15% of the principal
The seller is allowed to provide a vendor take-back for financing the buyer in the transition
Down payment minimum of 10% of the value of the farm property
Pricing for Scotia Farm Legacy Mortgages is determined by the amount of the credit request, security provided, and your credit history
Interest-only payments may be permitted for up to 5 years on both the mortgage and vendor take-back loan (some performance qualifiers apply)

Speak to an Agricultural Banking Specialist today

Last Name

36 results found

Amanda McCardell

Client Relationship Manager

Area covered:
British Columbia

1110-1700 Dickson Avenue, Kelowna,
British Columbia, Canada,
V1Y0L5

Email:
amanda.mccardell@scotiabank.com