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  Bank of America Commercial Real Estate Loans
Bank of America Commercial Real Estate Loans
in Commercial Mortgage from Bank of America
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Bank of America Commercial Real Estate Loans

Unaffiliated
in Commercial Mortgage from Bank of America
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Highlights
Minimum Months in Business 24
Loan Amount $25,000 - $5,000,000
Loan Term (Years) Up to 15 years
Minimum Revenue $250,000

Bank of America Commercial Real Estate Loans Review

Bank of America Commercial Real Estate Loans is offered by Bank of America, a bank founded in 1784 and based in Charlotte, NC. Bank of America Commercial Real Estate Loans are available in 50 states (and Washington, DC).

Bank of America Commercial Real Estate Loans FAQ

How much can you borrow via Bank of America?

Bank of America allows borrowers to apply for commercial mortgages with loan amounts of up to $5,000,000.

What is the maximum loan term you can get with Bank of America?

Bank of America offers commercial mortgages with a maximum term of 15 years. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What range of rates does Bank of America offer?

Bank of America offers commercial mortgages with APRs starting at 3% .

What type of guarantors does Bank of America require?

  • Individual(s)
  • Business

Does Bank of America charge a mortgage origination fee?

Yes, Bank of America may charge a loan origination fee starting at 0.75% of the loan amount.

What limitations does Bank of America set on the purpose of the loan?

Bank of America considers loan applications for business purposes, such as:

  • New Location
  • Product or Service Expansion

What are the business financing requirements for Bank of America?

To apply for Bank of America Commercial Real Estate Loans, the applicant needs to provide the following business document:

  • Business Certificate
  • Business License
  • Business Bank Account
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Message From Bank of America Commercial Real Estate Loans

Purchase the land or commercial property your business needs. Leverage your equity to expand or remodel as your business grows. We'll help you get the financing you need with fast loan processing times and flexible terms.

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Other Services by Bank of America

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • Washington, DC
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Origination Fee (%) Starting at 0.75%
Business Financing Requirements
  • Business Certificate
  • Business License
  • Business Bank Account
Credit Score Range 650 - 850
Guarantor(s)
  • Business
  • Individual(s)
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Minimum Age 18
Minimum Months in Business 24
Minimum Revenue $250,000
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of Identity
  • Proof of Insurance
  • Business Formation Documents
  • Government Issued Photo ID
  • Recent Bank Statements
  • Social Security Number
  • Income Statement
  • Business Tax Return
  • Employer Identification Number
Collateral Requirement
  • Secured
Intended Use of Funds
  • New Location
  • Product or Service Expansion
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Payment Frequency Monthly
Payment Options Automatic Payments
APR (Fixed APR) Starting at 3%
APR Type Fixed APR
Loan Amount $25,000 - $5,000,000
Loan Term Up to 15 years

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