Affordable Options for Continued Growth
BankNewport offers commercial real estate loans for purchasing, renovating, or refinancing.
- Lines of Credit can be secured by real estate.
- Maximum loan amount is 75% of the purchase price or appraised value, whichever is less (up to 90% with SBA 504).
- Local decision-making means a quick turnaround time
- Up to 30-year term and amortization.
- 5-year and 10-year fixed rate pricing available.
- Mixed-use buildings are accepted.