Because of the size and strength of UMB, They can offer their commercial customers real estate loans that meet any short- or long-term financing need.
The UMBÂ offer commercial real estate loans for the construction and/or development of properties as well as for the acquisition of farmland and land for other commercial uses.
Features
- Provide financing for purchases or capital improvements
- Available for land acquisition
- Regular, scheduled repayment terms of principal and interest
- Convenient direct debit payment
- Up to 80 percent of the lower cost or value (up to 90 percent with Small Business Administration guaranty) on owner-occupied real estate
- Up to 75 percent financing of the lower cost or value of non-owner occupied real estate
- In some circumstances, no appraisal is required
- Three- or five-year interest rate adjustments
- Low down payment
- Competitive interest rate
