Santander Bank Commercial Real Estate Loans
in Commercial Mortgage from Santander Bank
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| 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.
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
Message From Santander Bank Commercial Real Estate Loans
Contact
- Headquarters
-
824 North Market Street, Ste 100
Wilmington, DE 19801 - (877) 768-2265
- Visit Site
- Email Support
Other Services by Santander Bank
Availability
- Connecticut
- Maryland
- Massachusetts
- New Hampshire
- New Jersey
- New York
- Pennsylvania
- Rhode Island
Feature Breakdown
| Business Financing Requirements |
|
| Credit Score Range | 650 - 850 |
| Guarantor(s) | Business |
| Immigration Status Considered |
|
| Maximum LTV | 80% |
| Military Status |
|
| Minimum Age | 18 |
| Minimum Revenue | $3,000,000 |
| Verification Documents Required |
|
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