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.
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
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.
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.