Commercial Real Estate LoansFor Developers, Builders, or Commercial Property Owners We offer a variety of financing options for commercial and residential properties. Your Private Business Banker will help tailor one of these options just for you. Acquisition and Development Loans For developers and builders who need financing for commercial or residential development opportunities. We will finance projects in Anne Arundel, Queen Anne's, Calvert, Prince George's, and Baltimore Counties. Our standard product will fund up to an 80% loan to value for terms as long as 36 months and has the flexibility to structure the loan to match the specific needs of the project. Construction Loans For builders needing financing for single family or multifamily homes and commercial buildings. We offer flexible terms designed to fit the construction project. BuilderLine Helping builders finance housing projects, this product allows up to 90% financing on presold homes, and in most cases we'll fund 80% of the lot price plus construction costs up to an 80% loan to value ratio. This line can be used in multiple projects at one time and is renewable annually. Acquisition Loans for Commercial Properties For investors and owner-occupied buyers for properties such as office or retail buildings, warehouse or flex space, and condo units. We offer competitive rates that are fixed for up to five years and can amortize the loan up to 30 years for an owner- occupied property (25 years for an investment property). We also refinance commercial buildings including second trust loans. To learn more about our commercial real estate options, contact one of our Commercial Real Estate Experts today, or just drop by or call your local branch and ask. (By the way, switching banks to BankAnnapolis is easy. We do all the work!) Check current business deposit rates. |