Real Estate Loan Products

Constructing, buying or remodeling a building or home can be some of our most exciting and frustrating of times for both businesses and individuals. Our objective at Signature Bank is to take the frustration out of the financing component of your real estate project. We offer real estate financing for both commercial and consumer purposes.

Commercial - Signature Bank specializes in funding commercial building projects under $1M. We are able to take a project from start to finish whether it is new construction or an existing building. Acceptable funding purposes include; lot purchases, construction, purchase and/or remodel or existing commercial real estate or to simply refinance in order to obtain more beneficial terms.

·        Lot Purchase - Funding the purchase of a commercial or residential lot is normally the first step of the construction process. Our bank provides funding for the purpose. Typically the loan structure will tie into the time table for the construction process. The structure can be customized to this need.

·        Construction Loans - Signature Bank specializes in funding construction loans for the purpose of constructing 1-4 family residential properties for contractors. We also specialize in financing small commercial buildings for both owner occupied and/or investment properties. Rates and terms are very competitive and our personal service can be a benefit for single projects.

·        Commercial Real Estate - It is the bank's desire to offer a wide variety of loan structures for commercial customers who desire to purchase, remodel or refinance commercial real estate.

Consumer - For construction projects, mortgages, purchasing, or refinancing rental property it is nice to have a banker that knows what you will be going through. Signature Bank is an active lender in this area and offers several programs.

·        Construction - Signature Bank specializes in funding construction loans for the purpose of building 1-4 family residential properties for owner occupied or investment properties. Rates and terms are very competitive and our personal service can be a benefit for single projects.

·        Mini-perm - We recommend that if possible, you obtain a traditional mortgage. However, when a property becomes "non-qualifying" Signature Bank has a possible solution. We can structure a short term mortgage designed to bridge the gap from non-qualified to qualified properties. We would be happy to discuss the details upon request.

·        Mortgages - Traditional mortgages have changed over the years. With deregulation of interest rates, most banks cannot offer long term interest rates. It is now customary for banks to originate loans and then sell them on the secondary market. Signature Bank has partnered with seasoned professionals to open the secondary market to our customers. With this partnership, we make available traditional 15 and 30 year mortgages as well as several variable rate alternatives.