Beacon Bank: Responsive. Reliable. Reasurring.
Text Size
Applications
Helpful Shortcuts
NetTeller Demo
Rates
Calculators
Reorder Checks
Lost or Stolen Cards
ID Theft
Contact Us
Locations and Hours
Find an ATM
Find an ATM
Find us on Facebook
left HomePersonal BankingBusiness BankingAbout BeaconAdvice/PlanningHelpful Links right
Commercial Real Estate

Beacon Bank is active and flexible in providing financing for the purchase or improvement of commercial real estate. Whether you are a real estate investor or are purchasing property to locate your business, we are interested in discussing your financing needs.

Underwriting Guidelines
While each situation is unique, Beacon Bank will generally finance up to 75% of the property’s appraised value. Rental and personal credit history are also important factors we consider during the underwriting process. In addition to the normal underwriting guidelines, commercial real estate loans require the borrower’s personal guaranty.

Typical Terms & Structure
Fixed rate loans are typically priced at a margin over the three or five-year U.S. Treasury constant maturities index, permitting your interest rate to be fixed for either a three or five year term.  Appraisal fees, title insurance service, environmental assessments and legal fees are typical closing costs.

Contact a Business Banker for more information.

bottomBar
sitemapleft Site Map right
[ Home | Home | Personal Banking | Business Banking | About Beacon | Advice/Planning | Helpful Links ]
Privacy Policy Notices, Terms, and Conditions | Design & Hosting by Harland Financial Solutions, Inc.
Browser Requirements | Copyright Harland Financial Solutions, Inc. All Rights Reserved.
Nationwide Mortgage
Licensing & Registration System
Beacon Bank (440185)
Loan Debit/ATM Checking/Savings Direct Deposit NetTeller Enrollment Employment Decrease Font SizeIncrease Font Size