Commercial Mortgages
PSFCU offers very competitive commercial real estate financing, including purchase or refinancing of current mortgage loans, as well as equity loan or line of credit secured by your business property. Recognizing that each real estate transaction may be unique, PSFCU will provide an innovative and flexible program to fit your specific needs. Our commercial mortgage financing program includes the following property types:
- Owner and non-owner occupied properties
- Rental housing, mixed use properties, condo units, retail and offices
- Commercial facilities for operation of the borrowing entity or affiliated business
- Investments real estate holdings
- Flexible payment terms
- LTV up to 80% *
- Loan term up to 15 years
- Amortization term – 30 years
- Short term 5yr or 3yr fixed rates and variable rates
- Fixed rates for up to 15yr. available for qualified products**
- No prepayment penalty
- Interest only payment available***
- Eligible Lien position: first mortgage or second, if the first mortgage is held by the PSFCU
- Affordable closing cost
For more information contact your local Branch Manager or call our Member Business Lending at 1-855-PSFCU-4U (1.855.773.2848)!
*LTV requirement may vary depending upon collateral, type of transaction and credit risk.
**The rate you receive will be based on your credit history and other factors. ***Loan interest rate in this product may be adjusted on a monthly basis, depending on changes in Prime Rate. All loans are subject to credit approval and verification. Products and rates are subject to change without notice. Products are not available in all states. Dollar limits apply. Other restrictions may apply.
- Adjustable interest rates based on Prime Rate*
- LTV up to 80%**
- Credit term up to 15 years
- Interest Only Payment
- Revolving Credit
- No clean-up period
- Eligible Lien position: first mortgage or second, if the first mortgage is held by the PSFCU
For more information contact your local Branch Manager or call our Member Business Lending at 1-855-PSFCU-4U (1.855.773.2848)!
* The rate you receive will be based on your credit history and other factors. Loan interest rate in this product may be adjusted on a monthly basis, depending on changes in Prime Rate. All loans are subject to credit approval and verification. Applicants must be at least 18 years old. Products and rates are subject to change without notice. Products are not available in all states. Dollar limits apply. Other restrictions may apply.
** LTV requirement may vary depending upon collateral, type of transaction and credit risk.
