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BUSINESS BANKING - Loans - Commercial Mortgages & Construction
Commercial Mortgages and Construction Loans - An Oxford Bank Commercial Mortgage and Construction Loan can provide you with the financing you need to buy, build or refinance commercial and industrial real estate.
| | Normal Uses: | | Purchase or refinance commercial real estate, including vacant land; construct or renovate a commercial building. |
| | Terms: | | Generally range from 3 to 5 years and may have amortizations up to 20 years. |
| | Rates: | | Fixed or variable. |
| | Fee: | | Vary depending on loan amount and cost. |
| | Collateral: | | A first lien on real estate being purchased or facility being built or renovated. Additional collateral may be required. |
| | Support: | | Personal guarantees are generally required. |
Stop by or call our Commercial Loan Office for more
information.
Commercial Loan Office
720 North Lapeer Road, Suite #201
Lake Orion, MI 48362
248-693-7473 phone
248-693-7825 fax
map
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