With a Mountain West 504 you can get a 10, 20, or 25-year fixed-rate loan for your commercial building, and with only 10% down on most projects. Refinancing also available.
LOW DOWN PAYMENT
- Only 10% down for most commercial building loans.
- Your equity in the building or land can be part of the down payment
- Keep more of your cash for working capital
LONG-TERM FIXED INTEREST RATE
- Lock in your rate for 25 years
- Current 20-year Rate: 3.91%
- Our interest rates are typically below market rates
- A fixed-rate means a consistent monthly payment
- We offer 10-year, 20-year, & 25-year loans, fully amortized
LOAN STRUCTURE
ADD 5% OR 10% DOWN IF…
- Your company has been in business for less than two years (a Startup) we require a 15% down payment.
- Certain types of buildings are considered “special purpose” and require a 15% down payment.
- When your business is a Startup AND you have a Special-purpose Building, you’ll need to provide a 20% down payment.