COMMERCIAL LOANS
Servicing Commercial and Construction Loans Since 1985
A commercial mortgage is a loan secured by a commercial property, such as an office building, shopping center, industrial warehouse, or apartment complex. The proceeds from a commercial mortgage are typically used to acquire, refinance, or redevelop commercial property.
At Eastern Savings Bank we have the resources and the knowledge to help you with your commercial mortgage needs. Providing funding for retail, mixed-use, multi-family, developed land, single family construction, and investor purchases and rehabs.
Today’s commercial real estate market can be very complex, which is why you want creative, innovative lending options from people who can provide a helpful, “hands-on” approach throughout your entire borrowing experience.
At Eastern Savings Bank, our commercial lending division will work with you to understand your specific needs and structure the financing that works best for your unique business situation. Our experienced team has the resources and knowledge to help you with all of your commercial mortgage needs, including (but not limited to) solutions that allow you to acquire, improve or refinance your valuable commercial real estate assets.
Speak to someone in our Commercial Lending Division today: 410.568.6018
Types of Commercial Loans
We provide funding* for income-producing properties (with proof of consistent rental income and expense), such as:
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retail centers
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mixed-use
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multi-family
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developed land
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single-family
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apartments
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flex/business use properties
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construction (with 35% cost equity), and
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investor purchases and rehabs**
*Large-scale amounts (not limited to): $1.5 – $6.0MM
**We lend in the Mid- Atlantic market including Maryland, New York, New Jersey, Pennsylvania, and Delaware.