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Business Mortgages

At a Glance

Our mortgage loan department extends mortgages on both commercial and residential real estate.
Best ForShort or Long Term Financing for all types of commercial or investment property.
Features
Both fixed and variable rates are available
All loans generally have a long term amortization, with interest rate adjustments on specified anniversary dates
Balloon payment options are available
An Assignment of Beneficial Interest in a land trust may be used
Pre-payment penalties may be imposed
FeesPoints may be paid to buy down the interest rate. In addition, all normal processing fees are paid by the borrower, such as:
Appraisal
Credit report
Title
Closing costs
Flood insurance

 



For more information, please email us.

 
 


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