Commercial Real Estate Term Loan
When the time comes to expand, relocate or buy real estate property, we’re here to help with loans from $25,000 up to $500,000 with interest rate adjusted every 5 years.
Account Details
- Loan of $25,000 to $500,000
- Term of up to 15 years or amortized over 25 years with 10-year maturity and a balloon payment
- No annual fee
- Collateral secured by Commercial, Residential and Multi-Family Real Estate
- Rate discount included with auto-pay from Ubium Bank deposit account
- Interest rate adjusted every 5 years
- Loan origination fee: 0.50% of the loan amount
- Minimum monthly payment: Principal and interest based on amortization
Rate Details
Earns interest. Call or come into a store for details.
Questions? Call us at 310-697-6970 or find a branch near you.
Credit Approval: All accounts subject to credit approval and qualification of the property.
Collateral: No bare land. Non Owner occupied property allowed if customer has their primary banking relationship with Ubium Bank. Ask Associate for further details.
Closing Costs: Third party closing costs may apply
Insurance Requirement: Property insurance required; flood insurance is also required if property is located in a special flood hazard area.