Construction/Permanent Mortgage

BankNewport offers commercial real estate loans for purchasing, constructing, renovating, or refinancing owner-occupied businesses and investment real estate properties.

  • Flexible and affordable long-term payment plans up to 20 years
  • Variable rates with a 1-year or 5-year adjustable option
  • Maximum loan amount is 75% of the purchase price or appraised value whichever is less – to help maximize your cash position!

For more details and information, contact Our Commercial Lending Team or call 845-2265 or 877-709-2265.