Leader Bank offers a full range of commercial real estate services including permanent
loans to purchase or refinance existing real estate. Our lending staff has years
of direct experience in lending on multi-tenanted residential investment properties,
along with office buildings and retail centers.
At Leader Bank we also have significant experience in construction lending, emphasizing
residential projects including land subdivision, multi-family housing, as well as
all types of commercial, industrial, and retail developments.
For further information, please contact Matthew Pierce, SVP Commercial Lending,
at 781-646-3900 x183.
Business purpose:
Acquire or refinance existing debt on commercial property.
Terms/Maturity:
10, 15, 20, & 25 year amortization*
Interest rate:
Variable and Fixed rates based off of Federal Home Loan Bank Index and Treasury
bill plus margin.
Access to funding:
Funds available at closing.
Monthly payment:
Principal and interest payments to amortize entire balance over the term of the
loan.
Collateral:
First mortgage position on commercial property.
Guarantees:
Required from each borrower/owner.
Costs: Closing
costs may vary by type of property, dollar amount of loan and complexity of transaction
origination fee.
To view a list of recently closed commercial transactions
click here.