Commercial Real Estate Loans:
- As a community minded financial institution, Pan American Bank specializes in financing a variety of commercial real estate. These properties may be mixed-use real estate (a combination of store fronts and residential apartments) or single use commercial real estate such as apartment buildings, warehouses, grocery stores, etc. The loans may be fixed interest rate balloon loans or revolving lines-of-credit.
Commercial Real Estate Purchases or Refinances:
- The loans may be for the purchase of these properties, refinances to lower payments, to restructure debts, or obtain funds for business growth / expansion or improvements.
Commercial Real Estate Lines-of-Credit:
- Our Line-of-Credit loans are typically provided for amounts up to 75% of the value of your commercial real estate. These loans have interest only monthly payments calculated on the outstanding balance of the loan for the number of days the funds have been used.
- Pan American Bank provides letters of credit collateralized by CD’s on deposit with the Bank. The Letters-of-Credit may be written for amounts up to 100% of the amount of the Pan American Bank CD.
- We absolutely want to talk with you and understand your commercial financing desires. Therefore, for more information, please call us at 708-865-5700.
- Click here to download a Personal Financial Statement Form USA Patriot Act - Identity Verification