Ubium Commercial Real Estate Improvement Loan
When you’re ready to make energy-smart upgrades to your commercial property, we’re here with loans from $5,000 to $500,000 and terms up to 180 months.
Account Details
- Loan secured by first or second lien on commercial real estate
- Loan re-amortized every 60 months.
- Ubium Bank account suggested
- Terms of up to 180 months, minimum payment fully amortized for the term of the loan.
- No origination fee
Rate Details
| LTV | Amount | APR | Term |
|---|---|---|---|
| up to 75% | $5,000 – $100,000 | FHLB +2.70% to 4.20% (Floor Rate = 3.95%) | 180 months |
| $100,001 – $500,000 | FHLB + 2.45% to 3.95% (Floor Rate = 3.95%) | 180 months | |
| $5,000 – $100,000 | FHLB + 2.95% to 4.45% (Floor Rate = 3.95%) | 300 months due in 120 months | |
| $100,001 – $500,000 | FHLB + 2.45% to 3.95% (Floor Rate = 3.95%) | 300 months due in 120 months |
Questions? Call us at (602) 910-1974.
Interest Rate: Rates shown are effective as of 11/13/2017 and are subject to change without notice. The Interest Rate is based on the Federal Home Loan Bank Rate plus a rate adjuster. The Interest Rate and loan payment is subject to adjustment every five (5) years. Property insurance required; flood insurance is also required if property is located in a special flood hazard area. Floor 3.95%. Ceiling 18%. Loan rate adjuster 2.50% Loan rate index Federal Home Loan Bank Rate. The advertised APR includes a 0.50% automatic payment discount from an Ubium Bank account.
Loan approval: All loans subject to credit approval.