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You're looking to relocate your current business location, to relocate to a larger facility or to
purchase commercial property for development purposes.
| What it offers: |
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- No application fee
- Loan amounts from $25,000 to $5,000,000
- Mortgage rates tied to Treasury or Federal Home Loan Bank indices
- Various adjustable rate programs available
- Fixed rate for initial period, then lock in for 1, 3 or 5 year intervals
- Rate caps so you know the maximum your rate can change per adjustment period and
throughout the life of the loan
- LTV up to 80%
- Various point options let you choose the best rate for your situation
- Lender response to your application within 48 hours or less
- Available for commercial properties in Massachusetts
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| Terms: |
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20 to 25 year terms available |
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