When you're building a commericial property, a MainSource construction loan covers you from the ground up. Subject to credit approval.
|Business Need||Construction to Permanent|
|Amount||$50,000 to $15,000,000|
|Rate||Variable, based upon Prime Rate|
|Collateral Requirements||Commercial Real Estate|
|Construction Repayment Terms||Interest only for 12 months|
|Permanent Repayment Terms||Principal and interest monthly|
|Construction Maturity||Up to 12 months|
|Permanent Maturity/Amortization||Up to 120 months maturity with a 240 month amortization|
Call or stop by your nearest MainSource Branch to learn more.