Real estate prices have been at a steady increase in recent years, and that also includes commercial properties. The ability to own your commercial business property can have a number of benefits including equity building, additional revenue from other tenants, tax benefits, the ability to renovate as your business grows and more.
If you're a business owner who is expanding to a new location, or improving or refinancing your current property, you can benefit from our owner-occupied real estate program. Owner-Occupied program specifics include:
- Long-term financing with up to 25-year amortization
- Fixed rates available for 5 years and 10 years
- You must occupy more than 50% of the new space
- Loans are subject to standard underwriting, processing and documentation requirements
You can apply online, or reach out to one of our Commercial Banking experts
who will be happy to answer any questions you might have.