Commercial Mortgages and Construction Loans
Whether it is to finance, purchase, or refinance business and investment properties, fund new construction, renovations or remodeling projects -Carroll Community Bank has the flexible terms to fit your needs.
Real Estate Loans
- Available for amounts of $25,000 and up
- Can be used to construct, purchase, or refinance an owner-occupied business property, or expand or remodel existing facilities
- Provides a one-time lump sum for real estate purchases
- For real estate construction, funds are disbursed throughout construction schedule
- Fully amortizing and balloon payment options
- Competitive, fixed or variable rate of interest
- Secured by the owner-occupied real estate you are financing
- Flexible repayment terms
- 1st and 2nd mortgages available on owner occupied real estate up to maximum loan to value
Business Deposit Rates (Annual Percentage Yield)
| Savings and Money Markets | |
| Business Statement Savings | .10 |
| Business Money Market | .10 to .70 |
| Business Advantage Money Market |
.15 to .85 |
Checking |
|
| Sole Proprietor / Non Profit Checking |
.05 |
| Certificate of Deposit / IRA CDs | |
| 6 Month CD | .15 |
| 12 Month CD | .25 |
| 15 Month CD | .30 |
| 18 Month- Add On CD*** | .35 |
| 30 Month CD | .50 |
| 36 Month CD | .55 |
| 48 Month CD | .80 |
| 60 Month CD | 1.00 |
Make the Switch Today!
The switch kit includes:
