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