Affordable financing options for continued growth. BankNewport offers commercial construction loans secured by real estate for constructing or renovating owner-occupied businesses and investment real estate properties.
- Flexible and affordable long-term payment plans up to 25 years
- 5- or 10-year fixed rates available
- Maximum loan amount is 75% of the purchase price or appraised value, whichever is less
- Local decision-making means a quick turnaround time so you can start building soon