CAREERS • INVESTOR RELATIONS

select


Products
Get online banking
and billpay


Locations & ATMs

Search Umpqua


Business Loans and Lines of Credit




    • Check and uncheck the boxes to compare up to three accounts.
commercial real estate term loan

Open an account by:
What it is:
Loan from $5,000 up to $250,000 with interest rate adjusted every 5 years.
Best use:
Expansion, relocation or initial purchase of real estate property.
Term:
Up to 15-year term or amortized over 25 years with 10-year maturity and a balloon payment
Collateral:
First lien on commercial real estate or first or second lien on residential real estate.  No bare land or residential rental property. 
Amount you can borrow:
$5,000 to $250,000 (subject to credit approval and qualification of the property)
Extras:
•0.50% reduction for auto payment from Umpqua checking account
•SBA government-guaranteed loans available
Minimum monthly payment:
Principal and interest  based on either 15- or 25- year amortization.
One-time origination fee:
1% of loan amount or $150, whichever is greater
Fixed interest rate:
N/A
Floor / ceiling:

Floor: 3.95%; 18.00% ceiling rate
Balloon payment:
Balloon payment applies if loan is amortized over a 25-year period with a 10-year maturity
Late payment fee:
CA: greater of $5 or 5% of any minimum payment not paid within 10 days after due date.
OR & WA: greater of $10 or 5% of any minimum payment not paid within 10 days after due date.
Annual fee:
n/a
Deposit account relationship:
Umpqua Bank account suggested
Interest payment frequency:
Monthly
Loan rate adjuster
From 3.00% to 4.25%; set during underwriting 1
Loan rate index
Federal Home Loan Bank Rate
The fine print:
1 Rate information current as of 04/15/2013.  The Interest Rate is based on the Federal Home Loan Bank Rate plus a rate adjuster.  The Interest Rate and loan payment is subject to adjustment every five (5) years.  Third party closing costs may apply.  Property insurance required; flood insurance is also required if property is located in a special flood hazard area.
Rate details:
N/A
Back to comparison chart
 
Home News Contact Us Careers Privacy & Security 1-866-4UMPQUA (1-866-486-7782)


Member FDIC Equal Housing Lender        SBA Preferred Lender ©2013 Umpqua Bank. All rights reserved.