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  Century Bank of Massachusetts Commercial Mortgages
Century Bank of Massachusetts Commercial Mortgages
in Commercial Mortgage from Century Bank of Massachusetts
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Century Bank of Massachusetts Commercial Mortgages

Unaffiliated
in Commercial Mortgage from Century Bank of Massachusetts
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Highlights
Minimum Months in Business N/A
Loan Amount Up to $500,000
Loan Term (Years) 1 - 20 years
Minimum Revenue N/A

Century Bank of Massachusetts Commercial Mortgages Review

Century Bank of Massachusetts Commercial Mortgages is offered by Century Bank of Massachusetts, a bank founded in 1969 and based in Somerville, MA. Century Bank of Massachusetts Commercial Mortgages are available in 1 state across the USA.

Century Bank of Massachusetts Commercial Mortgages FAQ

How much can you borrow via Century Bank of Massachusetts?

Century Bank of Massachusetts allows borrowers to apply for commercial mortgages with loan amounts of up to $500,000.

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

Century Bank of Massachusetts offers commercial mortgages with terms ranging from 1 to 20 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 type of guarantors does Century Bank of Massachusetts require?

  • Business

Does Century Bank of Massachusetts charge a mortgage origination fee?

Yes, Century Bank of Massachusetts may charge a loan origination fee.

What are the business financing requirements for Century Bank of Massachusetts?

To apply for Century Bank of Massachusetts Commercial Mortgages, the applicant needs to provide the following business document:

  • Business License
  • Business Bank Account
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Message From Century Bank of Massachusetts Commercial Mortgages

Whether you are looking to buy your commercial space or invest in real estate, our resourceful lending experts design real estate financing packages with flexible structuring backed by the stability and reliability of Century Bank. We are a direct lender and advisor to business owners and real estate developers seeking dependable financing solutions to increase profitability and build value. We offer conventional financing and the SBA 504 Loan Program. SBA Loans and Lines of Credit offer big benefits: Borrow up to $500,000. Lower interest rates may apply with auto-debit from your Century Bank business checking account. Flexible repayment terms.

Contact

Hours of Operation

  • Sunday Closed
  • Monday 8:00am - 4:00pm
  • Tuesday 8:00am - 4:00pm
  • Wednesday 8:00am - 4:00pm
  • Thursday 8:00am - 5:00pm
  • Friday 8:00am - 5:00pm
  • Saturday 8:00am - 1:00pm

Other Services by Century Bank of Massachusetts

Availability

  Available in 1 state
Massachusetts
Availabile in all of Massachusetts

Feature Breakdown

Business Financing Requirements
  • Business License
  • Business Bank Account
Credit Score Range 600 - 800
Guarantor(s) Business
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Maximum LTV 75%
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Minimum Age 18
Verification Documents Required
  • Driver License (or other photo ID)
  • Proof of Identity
  • Government Issued Photo ID
  • Social Security Number
Collateral Requirement
  • Secured
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Payment Options
  • Automatic Payments
  • Storefront
  • Bank Transfer
APR Type Fixed APR
Loan Amount Up to $500,000
Loan Term 1 - 20 years

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