Ready to build, buy, or refi a commercial property? Make your next big move with 6.9% financing centered around you.
Limited time offer available for a variety of spaces, from healthcare to manufacturing facilities. Competitive rates for the purchase, refinance, or construction of commercial properties. Attentive, friendly service from start to finish with lenders that know the local real estate market.
Key Features
Details
- Made for owner-occupied properties; must occupy 51% or more of leasing space
- Loan amounts from $250,000 to $8,000,000
- Repayment terms customized to fit your business's unique needs
- Earn interest on excess balances with a commercial sweep
Fixed Rate Period | Term (up to) | LTV (up to) | Rate | Origination Fee |
---|---|---|---|---|
3 Years | 20 Years | 80% | 6.90% | 0.50% |
Additional Terms
- Full deposit relationship must be moved to CNB prior to loan closing. Rate subject to change if primary deposits not held at CNB during life of loan
- Pre-Payment penalty applies if prepaid within the first 3 years of 3/2/1
- Origination Fee payable at acceptance of terms and is non-refundable
- Rates reset at WSJP at adjustment and every three years thereafter
- Personal Guarantees of company owners required
- Refinance of current CNB debt not included
- Cash out refinances limited to 70% LTV
- Subject to bank’s credit underwriting
- Auto debit from CNB account required
- Floor of 5.50%
- 70% max LTV on cash out on refinance