COMMERCIAL MORTGAGES
Local Decisions
Personalized Service
Flexible terms
Competitive Rates
Knowledgeable Experts
Community Partner
Every business needs a place to call home. Maybe you’re ready to buy a property or cash out of an existing property. You may even be considering buying, or investing in, a residential property. Either way, TEG’s commercial real estate loans are the prime solution.
The right physical location can be essential for gaining customers, expanding your business, and establishing a reputable brand. With a commercial real estate loan from TEGFCU, you can acquire, finance, or invest in a property that will help demonstrate your business’s success. Benefit from our competitive rates and terms that will aid you in achieving your goals and making your ambitions a reality.
COMMERCIAL REAL ESTATE LOANS
TEG Federal Credit Union is a valuable local resource when it comes to financing business real estate loans for both for residential investment properties and commercial properties.
Loans for Residential Investment Properties:
TEG specializes in commercial mortgages that help investors purchase or refinance 1-4 family units residential rental properties in the name of their business entity.
TEG specializes in commercial mortgages that help investors purchase or refinance 1-4 family units residential rental properties in the name of their business entity.
Loans for Commercial Properties:
We have financing options available for owner-occupied and non owner-occupied buildings and (office, warehouse and industrial) buildings; residential apartment buildings with 5 or more units; retail buildings and mixed-use properties.
We have financing options available for owner-occupied and non owner-occupied buildings and (office, warehouse and industrial) buildings; residential apartment buildings with 5 or more units; retail buildings and mixed-use properties.
FEATURES:
Financing up to $3 million
Terms up to 15 years
Up to 25-year amortization
No prepayment penalty
Fixed and variable rates
Why Choose TEGFCU For Your Commercial Mortgage?
Working with TEG means working with a company that can appeal to local decision-making. We are readily-equipped to help you with solutions to keep your business growing. Working with TEG also means receiving personalized service. Our loan officers provide services that are curated for your specific business needs. We’ll make financing easy while you grow your business.
TEG is an accessible credit union that offers competitive rates and flexible terms, which enable you to negotiate or reevaluate a loan repayment.
Talk to an Expert. Give Leitha a Call Today.
Leitha Dickens
Manager of Business Development
Office:
Mobile:
Serving Dutchess, Orange, Ulster, Putnam, Sullivan, Westchester and Rockland County.
With more than two decades of experience, 15 of which have been helping TEG members, Leitha is a results-driven leader with a unique ability to provide both exceptional relationship management and strategic guidance. And with Leitha, you’re not only working with an experienced loan officer, but also a community member who has lived in the Hudson Valley all her life. Instead of generalizing your needs based on others in your same business category, Leitha listens to each business's goals, strategies and concerns. Part of assessing these necessities is prioritizing relationship building with each customer and guiding them to the ideal solution. Leitha’s greatest asset could possibly be the understanding she posseses of the Hudson Valley business community. Call her today.
“What a pleasure it was working with Leitha. I found her to be extremely knowledgeable and helpful.She followed through on everything to make sure the deal was done.”
WHO CAN APPLY?
TEG Federal Credit Union isn’t your typical credit union. Here, we have a team of local experts and local experts means local decisions. No matter your business’ size, we specialize in helping you reach solutions. We’ll be there with you every step of the way.
FAQs
How can I secure a commercial real estate loan?
Getting a commercial real estate loan with TEG is an easy process when you apply with one of our loan officers. Before applying, assess your financial status and find the property you’re looking for.
Is commercial real estate still a good investment?
Yes! Commercial real estate can lead to increased income and beneficial networking opportunities. Investing in commercial real estate can lead to great success for your business.
What are commercial real estate loans?
Commercial real estate loans are loans you apply for in order to buy or refinance a commercial or residential property.