The Lowell Five welcomes inquiries from established, credit worthy home builders and commercial borrowers. Our staff has years of commercial lending experience and can make the process easy and efficient for you.

The types of loans considered include:

• Construction Loans - Individual home construction loans available to established, credit worthy builders. Homes should be pre-sold prior to commencement of construction. Easy 6 step disbursement schedule. No inspection fee if schedule is followed.
• Land Development Loans - Loans considered for small (2-10 lots) subdivisions for established and credit worthy developers. Sizable land down payment required and a percentage of the homes should be presold.
• Loans for Multifamily Property - Loans considered for the purchase and/or rehabilitation of properties containing more than 4 residential units. Borrowers must have experience owning and managing these types of properties and the cash flows from the properties are expected to cover the proposed debt service. Maximum loan to values of 70%.
• Loans for Other Types of Commercial Property - The Lowell Five will consider loans secured by other types of commercial property on a case by case basis to established and credit worthy borrowers. These loans will typically require at least 30% down and a recent satisfactory environmental study.
• Small Business Loans - Please refer to the "Business Banking" section for more information on this product.

Due to the nature of these types of loans, more detailed loan parameters and pricing information is available from our commercial loan specialists. Please give us a call at 888-888-8888 to see if we can get your project off the ground or Email us at lowell5@ls.com.

---

Web Design MA