Be wary if you get a phone call from someone claiming to be an IT support person. When making payments, be sure to check the payee's bank details and the amount. Your log-in details are confidential, never share them with anyone!

❮ Back

Building loan

You can take out a building loan to finance the construction or renovation of a property. It is granted in the form of a credit limit on your current account, which you will draw down as the work progresses.

Highlights

The account is debited as the work progresses. Interest is only charged on the funds that have been drawn down.
The construction loan includes a first and second mortgage. One interest rate is applied.

Rates and conditions

The account is debited upon submission of invoices signed by the project owner and the architect.
Once the work is finished, the loan is converted into one of our mortgage loans.

	Details
Minimum amount	None
Maximum amount	Multifamily residential properties: max. of 80% of the property's value Other properties: between 50% and 70% of the property's value
Term	The entire construction phase
Interest rate	Customized
Commission	0.25% on the highest debit balance over the quarter
Principal repayment	None
Use of the loan	During the construction period You will draw on your loan as the work progresses, upon submission of invoices for work completed. You will be charged interest only on the funds actually used to pay those expenses.

Credit Fee Schedule (250 Kb)

Submit invoices and request advances online

With our digital payment management system, you can use BCV-net or BCV Mobile to submit construction invoices and advance payment requests in just five easy steps.

Why it’s great:

Secure, 100% digital process
No paper, no postage
Short processing times
Easy payment tracking

Five easy steps:

Learn more

Write to us

If you are a BCV client with BCV-net, we suggest you log in to BCV-net and contact us using the secure messaging service.

Call us

We’re available Monday to Friday, from 8:00am to 6:00pm.

0844 228 228

Visit us

Come to one of our branch offices.

Find a branch office

Terms and conditions for banking services

Download our brochure (in French) for the terms and conditions for corporate banking transactions.

Tarifs et conditions des prestations de la clientèle entreprises

En tant que partenaire financier de référence des entreprises du canton de Vaud, nous vous proposons des prestations adaptées à vos besoins, dont vous trouvez les conditions et tarifs dans ce document.

File size : 174 KB - Last update: 03.10.2024

Taux des comptes

File size : 38 KB - Last update: 01.11.2024

How it works

Converting a building loan into a mortgage loan

Please read our website and email Terms and Conditions before using our website or contacting us by email.