Property Types

  • Business facilities (owner-occupied)
  • Office, retail, multifamily and other income property
  • Commercial construction/permanent loans - for business use and income property
  • New home (speculative, pre-sold and custom)
  • Residential land development

Restrictions

Permanent take out commitments may be necessary for commercial properties. Certain restrictions apply, call for details.


Loan Amounts

$250,000 to $4,000,000*


*Higher amounts may be available to qualified borrowers


Lending Area

Mid-Atlantic States


Interest rates

Construction Loans: Floating based on Prime (per Wall Street Journal)
Permanent Loans: Adjustments based upon Prime and 1-, 3-, and 5-year ARMs


Loan Maturities

6 months to 2 years (construction only)
Up to 10 years, plus construction period (construction/permanent loans)


Origination Fee

Competitive Fee Structure


Loan to Value Ratio

Up to 75% of Appraised Value

Last Modifications: 1/14/2016 11:23:53 AM