menu 1
menu 2
menu 3
menu 4
menu 5

Everett, MA
Log into your account:  
Check current rates:

Business Purpose Acquire 1-4 family residentially zoned property, complete infrastructure and construct homes for sale
Loan Amounts $100,000 to $5,500,000
Terms/Maturity Up to three (3) years*
Interest Rate Variable, based on the Prime Rate as published in the Wall Street Journal plus a margin
Access to Funding Advanced for acquisition and as infrastructure and housing is completed
Monthly Payment Interest only monthly; Principal paydown on a lot release schedule
Collateral First mortgage position on land to be developed and homes to be constructed
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 Over 50 years of experience lending to builders/developers
*Applies to non-owner occupied properties. For owner-occupied properties, please contact us to learn about similar programs.
Commercial RE Mortgages | LOC | Term Loan 
Home | Privacy | Security | Terms of Use | Consumer Alerts | Resources 2 | Resources 3 | Resources 4 | Resources 5 | Web Design Directory
©Eagle Bank 2005