Commercial Real Estate Loans

Retail Storefront.Starting a new business venture and need a commercial real estate loan to get your project off the ground? ASI Federal Credit Union can help. We offer loans with competitive rates and flexible terms to accommodate your needs. Plus, we pride ourselves on delivering personal service by getting to know you and your business to help you succeed today and grow in the future.

Understanding Commercial Real Estate Loans

When you purchase a house, you can take out a mortgage loan to help pay for it. Commercial real estate loans work in much the same way. You can go to the bank and apply for a loan in order to help you afford an office building, retail space or other type of commercial property. Over time, youíll make monthly payments on the loan until itís paid off.

If youíre a homeowner and have, or have had, a mortgage, itís important to be aware of the differences between residential and commercial loans. First, the loan repayment schedule is a little different. While most mortgages have a 30-year term length, commercial loans can be as little as five years or less. The second major difference is that commercial loans tend to have higher interest rates and often require you to pay additional fees. Each loan is different, so it's best to work with a lending representative to understand the options available to you.

Benefits of Taking out a Loan through ASI

Whether youíve taken out commercial real estate loans before or itís your first time, ASI is here to help answer any questions you may have. We take a personalized approach to commercial real estate loans to ensure you have the best financing options available. As a member, youíll already have an established relationship with ASI, which can help you proceed with full confidence.

In addition, we have no application fees and no pre-payment penalties. This makes it easy to pay off the loan when the time is right without worrying about additional costs. From start to finish, we'll guide you through the process to provide the financial information you need to make informed decisions about the future of your business.

Get the Best Rates for Your Commercial Real Estate Loan

Learn more about our commercial real estate loans and how they can benefit you, as well as our other commercial loans. Contact ASI Federal Credit Union online, by phone or in person at one of our locations serving Uptown, Covington, Harahan, Harvey, Mandeville, Slidell, Thibodaux, Westwego and more.

   

 

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