Why should you get this loan?
Owning your own business office is often cheaper than leasing one, and could be a great long-term investment. You can even lease out a portion of the real estate to help you cover monthly payments. For commercial real estate, we lend over $2,000,000, and never charge prepayment penalties. Purchasing commercial real estate may also have tax advantages, since you can claim a portion of your building’s costs as depreciation (talk to your tax adviser for more details).
Rates are updated daily, give us a call for today’s rates:
- Loans up to $2,000,000+
- No prepayment penalties
- Possible tax advantages (consult your adviser)
- Minimum 20% down payment required
- Borrow up to 75% of Contract Value for down payment
- Not reported on your personal credit
Hear back within two business days
Interested in a real estate loan? Give us some initial details, and we’ll get back to you right away.
- Online Application
- Initial Approval
Rates and terms may vary based on a borrower’s credit qualifications. All loan rates are determined by Credit Union management and subject to change at any time. The Credit Union may offer other rates in the future. All services offered by the Credit Union shall be subject to applicable laws of the State of Oregon, federal laws and regulations, Credit Union bylaws and all regulations, rules and practices now or hereafter adopted by the Credit Union. All loans subject to credit approval.
Fees include: Loan origination fee of 1% of loan, appraisal fee, filing fees, title fee, and all environmental fees. Subject to Credit Union confirming value.