Commercial Real Estate Loans
Meridian Trust’s business lending group can assist you in the purchase or refinance of commercial real estate. With our great rates and exceptional service provided by our in-house business loan experts, we’ll take care of you from start to finish.
|1-10 Yr. Term with up to 25 yr. Amortization||WSJ Prime + 100Bps|
|11-15 Yr. Term with up to 25 yr. Amortization||WSJ Prime + 125Bps|
|15 Yr. Balloon with up to 30 yr. Amortization||WSJ Prime + 150Bps|
All rates are subject to change without notice. Rates shown are effective as of March 2021.
80% Max. Loan-to-Value
75% Max. Loan-to-Value Cash Out Refinance
Fees: 0.75% plus all costs.
Credit qualification and membership required.
15 year terms are available for loans < $400,000.
Bps = Basic Points = 1/10 of a percent. Example: (WSJ Prime = 3.25) 3.25 + 125Bps = 4.50%