Busines Owner Occupied Loan

SNC commercial loans up to 75% LTV on business owner occupied buildings.

With good credit, and having been in business for at least two years, a business owner can finance up to 75% of the value of a commercial real estate building.

Our full documentation loans are available to business owners who can produce three year's profitable tax returns. 75% LTV financing is available in owner occupied loan amounts of up to $10,000,000 under our full documentation program.

SNC is proud to partner with business owners by providing long term financing solutions. Various terms are available to fit the needs of most owner occupied commercial borrowers.

Business Owner Occupied Loan Details

	Current business owner occupied loan details
Property Types:	Office, Warehouse, Medical/ Dental, Retail, Mixed Use
Occupancy Requirements:	Minimum Owner Occupancy Requirement of 50%
Loan Term:	5 or 10 year fixed interest rates
Loan Purpose:	Purchase or refinance
Loan Amortization:	25 years
Loan Amounts:	$500,000 to $10,000,000 Full Documentation
Current Rates:	See our rate sheet
Loan to Value:	75% maximum
Recourse:	Recourse to responsible individual.
Prepayment Penalty:	10% for year 1, declining 1% per year to 0%; or 5% fixed for 5 year