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  Santander Bank Commercial Real Estate Loans

Santander Bank Commercial Real Estate Loans

in Commercial Mortgage from Santander Bank

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Santander Bank Commercial Real Estate Loans

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in Commercial Mortgage from Santander Bank

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Highlights
Minimum Months in Business N/A
Loan Amount $25,000 - $1,500,000
Loan Term (Years) Up to 25 years
Minimum Revenue $3,000,000

Santander Bank Commercial Real Estate Loans Review

Santander Bank Commercial Real Estate Loans is offered by Santander Bank, a bank founded in 1857 and based in Wilmington, DE. Santander Bank Commercial Real Estate Loans is available in 8 states across the USA.

Santander Bank Commercial Real Estate Loans FAQ

How much can you borrow via Santander Bank?

Santander Bank allows borrowers to apply for commercial mortgages with loan amounts of up to $1,500,000.

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

Santander Bank offers commercial mortgages with a maximum term of 25 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 Santander Bank require?

  • Business

Does Santander Bank charge a mortgage origination fee?

Yes, Santander Bank may charge a loan origination fee.

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

Santander Bank considers loan applications for business purposes, such as:

  • Lease Improvement
  • New Location

What are the business financing requirements for Santander Bank?

To apply for Santander Bank 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 Santander Bank Commercial Real Estate Loans

Whether you’re looking to purchase, renovate, or refinance your commercial real estate, Santander can help. Featuring competitive terms and commercial mortgage rates, our Commercial Real Estate Loans are designed to match your business needs. 

Availability

  Available in 8 states
  • Connecticut
  • Maryland
  • Massachusetts
  • New Hampshire
  • New Jersey
  • New York
  • Pennsylvania
  • Rhode Island

Feature Breakdown

Business Financing Requirements
  • Business Certificate
  • Business License
  • Business Bank Account
Credit Score Range 650 - 850
Guarantor(s) Business
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Maximum LTV 80%
Military Status
  • Active Duty Military
  • Non-Military
  • Veterans
  • Military Dependent
Minimum Age 18
Minimum Revenue $3,000,000
Verification Documents Required
  • Proof of Identity
  • Business Formation Documents
  • Government Issued Photo ID
  • Social Security Number
  • Driver License (or other photo ID)
  • Employer Identification Number
Collateral Requirement
  • Secured
Intended Use of Funds
  • Lease Improvements
  • New Location
Credit Bureau Reporting
  • Experian
  • Equifax
  • TransUnion
Payment Frequency Monthly
Payment Options Automatic Payments
Loan Amount $25,000 - $1,500,000
Loan Term Up to 25 years

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