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(800)865-9011

Community Commerce Bank

Long Term Commercial Loan
Apartments (5 or more units) - LG103

Community Commerce Bank

Summary of all Guidelines

Loan Types Commercial Loan
Property Types 2-4 Units, Automotive, Church, Condo, Entertainment Venue, Industrial, Medical Office, Mixed use, Multi Family, Office, Place of Worship, Retail, Special-Use, Strip Center
Lendding Area california
Loan amount Minimum $50,000
Loan amount Maximum $4,000,000
Interest Rate Minimum 7.5%
Interest Rate Maximum 10%
Points Maximum 1st TD 1
Terms 3 year, 5 year, 7 year
Credit Score Min 620
Fees Processing Fee
Entities Corp - Corporation, Individual, LLC - Limited Liability Corporation, LP - Limited Partnership, Partnership, Trust
Cross Collateralize Blanket Yes
Lien Position 1st
Max Points Charge by Broker 2
Prepayment Penalty 3+ years, 5,4,3,2,1
Documents needed Application, Tax Returns - Business - 2 years, Tax Returns - Personal - 2 years
Fixed or Adjustable Fixed
Updated as of 2024-03-05
These descriptions are limited information and meant for general reference purposes.