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Commercial Loans


Jarrettsville Federal supports businesses in our area. We are especially proud to have a number of small business clients. We can provide financing options for the purchase or improvement of commercial, investment or rental properties.

For current rates click here

What Is a Commercial Real Estate (CRE) Loan?

Commercial real estate (CRE) refers to any income-producing real estate that is used for business purposes; for example, offices, retail, hotels, and apartments.

  • A CRE loan is a mortgage secured by a lien on a commercial property.
  • CRE loans are generally made to investors such as corporations or organizations that own and operate commercial real estate.
  • Jarrettsville Federal will consider the nature of the collateral (the property being purchased), the creditworthiness of the borrower, and financial ratios when evaluating commercial real estate loans.

Why use a Commercial Real Estate (CRE) loan?

A CRE loan is used to purchase the land or commercial property your business needs and to leverage your equity to expand or remodel as your business grows.

Commercial loans typically for a term of 5 years, and the amortization period is often longer than the term of the loan. As your lender, for example, Jarrettsville Federal might make a commercial loan for a term of 5 years with an amortization period of 25 years. In this situation, the investor would make payments for seven years of an amount based on the loan being paid off over 30 years, followed by one final “balloon” payment of the entire remaining balance on the loan.

Commercial real estate (CRE) is income-producing property used solely for business purposes. Examples include office buildings, rental properties and other income producing properties. Financing—including the acquisition, development and construction of these properties—is typically accomplished through commercial real estate loans: mortgages secured by liens on the commercial property.

For more details and rates contact

Mary Ann Bogarty
Chief Lending Officer/Senior Vice President

at 410-692-5151 ext. 220 or  NMLS #1114038