Commercial 5

Lender Terms are Subject to Change

Main Bank Property Types:

– Offices and Office Condos
– Light Industrial, Assembly Warehouse
– Multi-Unit Retail Strip/Shopping Centers
– S.F.R. Converted to Commercial Use
– Heavy Industrial/Manufacturing Facility
– Self-Storage Units – Metal Buildings
– Auto Services – Funeral Homes
– Bowling Alley – Day Care Centers
– Schools – Laundry Mat
– Drycleaners – Bowling Alley
– Car Dealers – Spas/Salons
– Restaurants – Animal Clinics
– Retail/Office with Residential Above.

 

Sister Bank Properties:

– Flagged Hotels and Motels
– Branded Gas Stations / C-Stores
– R.V. Parks
– Apartment / Multi-Family Complexes
– Assisted Living Facilities

 

Know us by the NUMBERS:
– $250,000 to $9,000,000 Loan Amounts (Multi-Use)
– $250,000 to $1,500,000 for Special-Use Properties


– $250,000 to $5,000,000 for “Sister Bank” Loans


– 15 to 30 Day Closings Possible


– Owner Occupied Deals at 50% to 90% LTV


– Most N.O.O.’s at 50% to 65% LTV


– Foreign Investors from 40% to 50% LTV


– 4.625% (and up) Floating Rates


– 4.975% (and up) Fixed Rates


– 675 Minimum FICO (Experian only)


– Limited Commercial Construction Loans Available