Chase offers a range of commercial real estate financing options tailored to meet various business needs, whether you’re looking to purchase, renovate, or refinance owner-occupied real estate. Here’s a breakdown of the key features and benefits of Chase’s commercial real estate loans:
- Loan Amounts: Starting from $50,000, Chase provides financing solutions that cater to both small and large projects.
- Financing Options: Borrowers can access up to 90% financing, depending on the selected financing options, making it easier to undertake significant real estate projects with less upfront capital.
- Construction Loans: For businesses looking to construct new properties, Chase offers construction loans with interest-only payments during the draw periods, which can help manage cash flow during the construction phase.
- Interest Rates: Chase provides the flexibility of choosing between variable or fixed interest rates, allowing businesses to select the option that best suits their financial strategy.
- Payment Terms: With flexible payment terms and amortization options of up to 25 years, businesses can structure their loan repayment in a way that aligns with their cash flow and financial planning.
- Refinancing Options: For those looking to lower their mortgage payments, Chase offers refinancing options that can provide financial relief and potentially better loan terms.
- Conventional or SBA Financing: Chase accommodates a variety of financing needs by offering both conventional loans and loans backed by the Small Business Administration (SBA), providing a range of options to meet different eligibility criteria and business goals.
JPMorgan Chase also stands out for its comprehensive services in commercial real estate financing, emphasizing its position as a leading lender with a deep understanding of the sector. The bank is recognized for its ability to support clients throughout the real estate cycle with innovative financial solutions and market insights. They offer a wide selection of financing options for businesses of all sizes, ensuring clients can find suitable solutions for their needs.
It’s important to note that while Chase’s commercial real estate loans offer a variety of benefits, they are primarily aimed at owner-occupied real estate. This means that the loans are designed for properties where the borrower’s business occupies at least a portion of the building. This focus allows Chase to tailor its loan products to businesses looking to invest in their operational spaces, whether through purchasing new properties, constructing new buildings, or refinancing existing loans.
For businesses interested in exploring Chase’s commercial real estate loan offerings, it’s recommended to directly contact Chase or visit their website for the most current information and to discuss specific needs and eligibility with a loan specialist.