Owner-Occupied Commercial Properties
There's never been a better time to make the move from renting to owning. Right now, Quantum is offering low rates and fees designed to meet the needs of a variety of borrowers.* This is a limited time offer so don't delay!
3-year fixed rate at 3-year Treasury plus 300 basis points. Floor of 4.50%.
5-year fixed at 5-year Treasury plus 325 basis points. Floor of 4.50%.
7-year fixed at 7-year Treasury plus 350 basis points. Floor of 4.50%.
Floating RATE Option:
Floating rate available at Prime minus 1/4% with a 4.50% floor.
- .75 basis point origination fee
- Up to 85% LTV
- Up to 25-year amortization
- Prepayment penalties apply; however, loan is assumable with credit approval
There are limited funds available for this promotion so call your Quantum lender today. This program is scheduled to expire on 6/30/2020 but may be terminated at any time at the bank's discretion while honoring any valid, outstanding commitments.
*Some restrictions apply. LTV=Loan to Value. Program available for commercial properties only. Rates and terms subject to change. Treasury rate changes daily. If current Treasury rate plus indicated basis points results in rate below 4.50%, floor rate will apply. Terms for all loans in this program will be adjusted at closing to the then-current Treasury rate and will be fixed at that rate (or at the minimum floor rate) for options 1, 2 and 3. All loans subject to credit approval. Owners must occupy 51% of the property. Hotels, convenience stores and religious institutions are not eligible for this program and QNB refinances (conventional or SBA) are not eligible. No special use properties.