#commercial mortgage lenders
Peoples Trust has established a niche for providing commercial mortgages that bridge experienced real estate developers and investors when they are repositioning a commercial property.
We take a creative outlook on our client’s “end-game” plan for an under-performing commercial real estate asset, and show our confidence in their ability to complete their program by using flexible underwriting that rewards performance.
Our underwriting, is founded on innovative criteria molded from the diverse backgrounds of the Peoples Trust lending team, and is dynamic and flexible allowing us to create a financing scenario to meet our client’s needs.
Speed in evaluating a proposal and ultimately approving a financing is important to us. We don’t believe in wasting time; yours or ours!
Our commercial mortgage financing is typically structured over 1-3 year terms, with some availability to provide 5 year fixed rate loans. Our transactions are generally for loans over $2.0 Million, and interest rates can be fixed or floating. The fees charged for our loans reflect industry standards for commercial mortgages.
2016 Peoples Trust
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