Financing Options Secured by Commercial Real Estate for Small Business Owners and Real Estate Investors

Home , Commercial mortgage, Commercial property

Business Real Estate Financing Financing options secured by commercial real estate for small business owners and real estate investors

Commercial Commercial Commercial Commercial Equity Refinance Loan Purchase Loan Equity Loan Line of Credit (CELOC) This option Loan to refinance an existing Loan for the purchase Loan to leverage the equity in Revolving line of credit to use for offers commercial mortgage. of a commercial property. your commercial property for many business expenses. business needs.

Ideal for Customers who want to refinance Customers who are expanding to Customers who want to use Customers who want to use their commercial loans; includes a new location, leasing workspace the equity in their commercial the equity in their commercial cash-out opportunities. and ready to own, or looking to property for large business property for working capital, purchase commercial property. expenditures. property improvements, business expansion, purchase of large equipment or property.

Credit amount1 $50,000 to $750,000 $50,000 to $750,000 $50,000 to $500,000 $50,000 to $500,000

Rate Fixed or Prime-based. Fixed or Prime-based. Fixed or Prime-based. Variable rate tied to Prime Rate.

Collateral Secured by commercial property Secured by the commercial property to Secured by commercial property Secured by commercial property valued up to $3 million be purchased, valued up to $3 million valued up to $3 million valued up to $3 million (owner-occupied or investment). (owner-occupied or investment). (owner-occupied or investment). (owner-occupied or investment).

Origination fee2 1% of the loan amount, 1% of the loan amount, 1% of the loan amount, 1% of the line amount, maximum $5,000. maximum $5,000. maximum $5,000. maximum $5,000.

Early closure fee Fixed: None Fixed: None Fixed: None $3,000 when closed within the Prime-based: $3,000 when closed Prime-based: $3,000 when closed Prime-based: $3,000 when closed first 3 years. within the first 3 years. within the first 3 years. within the first 3 years.

Prepayment fee Fixed: 3% of loan amount in years Fixed: 3% of loan amount in years Fixed: 3% of loan amount in years No prepayment fee 1 through 3; 0% thereafter 1 through 3; 0% thereafter 1 through 3; 0% thereafter Prime-based: None Prime-based: None Prime-based: None

Annual fee No No No 25bps of LOC,$250 min, $1,000 max, waived the 1st year, and only assessed during the draw period.

1 Maximum loan to value is up to 80% on Purchase Loans; and up to 75% on all other loans/lines depending on the property type, lien position, and geography. 2 You will need to pay a non-refundable deposit of up to $1,000 when accepting the terms of any loan or line of credit. Your deposit will be credited at closing against the origination fee (if any) and environmental insurance fee (if any) payable by borrower in connection with the transaction. If your deposit exceeds the origination and environmental insurance fees amount due at closing, you will be reimbursed for any overage. If the state or other taxing authority imposes a tax or fee on the filing of a mortgage or a deed of trust, or if the bank determines that environmental or flood insurance is required, any applicable fees are your responsibility. For purchase loans, you shall be responsible for title and escrow fees and provide proof of the down payment. All financing is subject to credit approval.