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Community Bank of Manatee
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| phone 941-756-0099 | fax 941-756-0013 | |
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Lending Area Florida |
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Loan or Investment Size up to 3,000,000 |
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Loan Types |
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| Auto Service Centers | Build to Suit | Commercial Land Dev |
| Commercial Condo Construction | Construction w/ takeout | Construction w/o takeout |
| Garden Apartments | Garden Style Offices | High Rise Apartments |
| High Rise Offices | Light Manufacturing | Luxury Apartments |
| Medical Office | Metal Warehouse | Owner Occupied Office |
| R&D Flex Space | Residential Condo Construction | Residential Land Dev |
| Retail Strip Center (W/O Anchor) | Retail Strip Center (With Anchor) | RV Parks |
| Self Serve Mini Storage Warehouse | Single Tenant Office | |
Loan Structure |
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| First Mortgages | Acquisitions | Refinances |
| Construction W/O Take Out | Construction W/ Take Out | Floating Rates |
| Adjustable Rates | ||
Loan Fees |
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| Application Fees | ||
| Commitment Fees | 1-1.5% | |
| Processing Fees | ||
| Other Fees | Closing Costs | |
Other Information |
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| Non Exculpatory Loans - No | Will Participation | |
| No Prepayment Penalty | Amount: | |
| Typical LTV: 80-85% | Income Producing (Stabilized) DSC: 1.2 | |
| DSC Hotel Motel: | DSC other: | |
| Will deal direct and through non exclusive brokers. | ||
Lender Contact Information |
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| Marvin DeBerry, SVP | marvind@communitybanknow.com | |
| Michael McCoy, President | mikem@communitybanknow.com | |
Branch Locations |
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