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Everett, MA
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Business Purpose Acquire or refinance existing debt on a commercial property
Loan Amounts $100,000 to $5,500,000
Terms/Maturity 10, 15, 20 & 25 year amortization*
Interest Rate Variable, based on the three- and five-year T-bill plus a margin
Access to Funding Funds available at closing
Monthly Payment Principal and interest payments to amortize entire balance over the term of the loan
Collateral First mortgage position on commercial property
Guarantees Required from each borrower/owner
Costs Closing costs may vary by type of property, dollar amount of loan and complexity of transaction origination fee
Features/Benefits Ability to transact business with a community bank that recognizes you as a partner and appreciates you as a customer.
*Applies to non-owner occupied properties. For owner-occupied properties, please contact us to learn about similar programs.
Residential Land Dev Revolving LOC | LOC Term Loan 
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