Personal Business About Community Investors

Commercial Mortgages

We provide competitively priced commercial real estate loans secured by your owner-occupied commercial property. Being familiar with the local real estate market, BankAnnapolis stands ready to provide purchase and/or construction-permanent financing to help your business grow.

  • Loan amounts range from 75% to 85% of the appraised market value of the commercial real estate provided as collateral based upon repayment capacity.
  • Terms of up to 30 years are available for owner-occupied property.
  • Repayment is principal and interest payable monthly over the term of the loan.
  • Pricing is typically a fixed interest rate up to five years based upon a margin, generally 3% to 3.5% over the three- or five-year U.S. Treasury Note.
  • Origination fees range from 1/2% to 2% of the loan amount.
  • Collateral shall be a lien on the commercial real estate being acquired or refinanced.
  • Personal guarantees are expected from each individual who owns 20% or more of the business.
To learn more about CreditSuite™ or to get to know your own Private Business Banker , contact our Private Business Banking Division to set up a meeting today, give us a call at  410-224-4475 or view a special multimedia presentation. (By the way, switching banks to BankAnnapolis is easy. We do all the work!) 
 
Check current business deposit rates.