Take Advantage of a 504 Loan
The combination of a low equity requirement, terms up to 25 years, and fixed rates at historic lows, makes the 504 program better than ever. In addition to financing the purchase or expansion of commercial real estate, 504 loans may also be used to refinance conventional real estate and equipment loans. For more information, please contact a TCM loan officer.
Note: 10-year 504 loan fundings occur on an every other month basis. The above rate reflects the 10-year 504 rate for the November, 2020 funding. |