Construction / Development Loan
Contact us to discuss your construction and development financing needs. By evaluating your long-term financing needs at the start of the construction process, you may be able to save. Forward commitments are available to lock-in your permanent financing rate before construction is complete.
Current Rates (08/27/2008)
- Apartments 6.36%
- Mobile Home Park 6.36%
- Anchored Retail 6.31%
- Non-Anchored Center 6.31%
- Single Tenant Retail 6.31%
- Office 6.31%
- Industrial / Flex 6.31%
- Self-Storage 6.61%
- Medical Office 5.96%
- Hotel 6.81%
Rates are based on a $2 million loan, 30 year amortization, 10-year fixed rate term.
Current News
Economy: The Good, the Bad and the Ugly
First the Good: Recent GDP data and subsequently released trade data for June suggests the economy has remained highly resilient considering the circumstances.....More in Rates & News