|
Great Bank Products
A collection of great products,
services and loans offered by a local bank in your neighborhood.
Request full details for any product or
service on this page
Turn you residential real estate into
fast and easy business funds (061104).
- Use the equity in your personal
residence to qualify for a business line of equity!
- No income verification for a line of
credit under $50k.
- Variable interest rates with rates
from Prime -.35% to Prime - 1%.
- Fixed rate options available.
- Line amounts from $10k -
$2.5million.
- Overdraught protection for your
business checking account.
- Access your available credit over a
15 yr period
- 700 credit score required
- No annual fee.
- Only pay title costs in excess of
$500k.
Conventional purchase loan for
commercial real estate (061103).
- Minimum 60 % owner occupied
- 90% Loan to value.
- 1.00 DSCR.
- 5 Yr balloons @ 15 Yr amortization.
- 10 Yr balloons @ 20 Yr amortization.
- 15Yr fully amortization loans.
- $200k - $1 million loan amounts
- 670-680 credit score.
- No pre-payment penalties
Business acquisition low interest
fixed rate loans (061101).
- Combination of real estate and
business acquisition allowed.
- With 90% financing you can keep the
capital in your business.
- Prime + 1.5% for variable rate.
- Prime + 1.75% 5Yr for fixed rate.
- Prime + 2% for 10Yr fixed rate.
- Maximum loan $2 million.
- Credit score of 600+ allowed.
- 25 Yr amortization for real estate
and 10 year amortization for business.
Purchase or refinance commercial real
estate at a low fixed rate (061102).
- With 90% financing you can keep the
capital in your business.
- Prime - 0.5% for 5Yr for fixed rate
- Prime - 0.125% for 10Yr fixed rate.
- Maximum loan $2 million.
- Credit score of 600+ allowed.
- 25 Yr amortization for real estate
and 10 year amortization for business.
Business line of credit with limited
financial information (061105)
- Prime - 1% for 6 months.
- Waiver first year fee.
- Up to $50k.
- Transfer funds from your lien of
credit to your checking account.
$100k unsecured line of credit
(061106).
- $100k unsecured line of credit.
- Stated income.
- 3 Months bank statements.
- Open business checking account.
- No financials required
|
