Personal banking accounts.
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Commercial banking accounts.
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Existing multifamily rental properties, minimum five units
Eastern and Central time zones
$100,000 to $4,000,000*
*Higher amounts may be available to qualified buyers.
Variable rates: monthly, 1-, 3-, and 5-year ARMs
Three and five year fixed-rate loans
Up to 10 years
Up to 75% on Purchases and Refinances
Up to 70% on Cash-Out Refinances
Net Operating Income must be at least 1.20 times debt service
Up to 30 years
Prime rate (per Wall Street Journal)
l-, 3-, or 5-year Swap Rate (per Federal Reserve Board)
Competitive Fee Structure
*APY = Annual Percentage Yield
Presidential Bank reminds you that email@example.com is NOT a secure means of communication. Please refrain from including personal information such as account numbers, Tax ID/Social Security numbers, passwords, etc. We encourage you to maintain contact with us through our Secure Email service, located within Personal Online Banking. Help us keep YOUR personal information PRIVATE!
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9 am-4 pm Eastern Time, Mon. - Fri.