Commercial Mortgages
A Community Bank of Broward Business Commercial Mortgage may be appropriate if your business plan calls for the need to acquire commercial real estate to:
- Purchase a primary place of business
- Obtain certain tax benefits
- Refinance an existing mortgage
- Take advantage of commercial real estate market conditions
A commercial real estate mortgage is a long-term note secured by a first mortgage on the location you are purchasing. We offer both adjustable and fixed interest rates based on several index options. Community Bank of Broward is able to finance both investor properties and owner-occupied properties. Depending on the finance program you qualify for we may be able to advance up to a maximum of 90% of the purchase price. For more specific guidelines, please contact your local branch. Types of properties normally considered good candidates for a commercial real estate loan are:
- Business offices
- Manufacturing facilities
- Warehouse facilities
- Professional offices
- Multi-use facilities
- Show a business history of three years' duration
- Demonstrate sufficient cash flow to adequately meet debt service
- Ensure property meets environmental safety standards





