Bank – Insurance products are marketed through Arvest Insurance, Inc., but are underwritten by unaffiliated insurance companies. The Investment Management Group is the investment advisory division of Arvest Investments, Inc., doing business as Arvest Wealth Management, member FINRA/SIPC, an SEC registered investment adviser.
COMMERCIAL LOANS Christian Financial Credit Union partners with the Michigan Business Connection (MBC) to provide a variety of financing options for your growing business. Commercial Real Estate Loan Satisfy your business’s desire to grow with long-term financing or refinancing or owner-occupied property with a Commercial Real Estate Loan.
How to Refinance a Commercial Loan – Steps Examine your current commercial loan. Consider your reasons for refinancing. Shop around for the best loan. Prepare all of the paperwork required by your lender. Get an appraisal that will reflect the value of the property or product you are.
Commercial loans Compare our business overdraft and business loans, and the flexibility we provide for businesses looking to borrow more than $1m. For loans less than $1 million
Refinancing a commercial mortgage follows many of the same principles as refinancing any other loan: be creditworthy and be able to show income to pay the loan. However, just because the mortgage process went smoothly before doesn’t guarantee it’ll be an easy approval again, especially if your business’s financial picture has changed.
Additionally, the term and amortization typically match on a residential loan (i.e. 30/30), whereas the term of a commercial loan is usually shorter than the amortization (i.e. 7/25), causing the borrower to have to refinance or payoff the loan (or sell the property) at or before the end of the loan term.
Commercial Bank Term Loans Crest Savings bank offers commercial mortgage loans, construction loans, term loans and revolving lines of credit on both owner-occupied and investor properties throughout Cape May County. Our knowledgeable and experienced real estate financing options today.