Altabank specializes in small and medium business lending, so we know exactly how to help you finance commercial real estate for your own business use or for investment properties. Our flexible terms, fast turnaround and in-depth understanding of the industry landscape will help your commercial real estate project stay on track so you can stay focused on growing your business.*
Home Builder Finance
Get your residential development up and running with a builder finance construction loan from Altabank. Whether your community will contain single-family or multi-family housing, we can help you secure flexible short-term financing for your project.* We’ll work with you to create a customized loan structure to ensure you stay on track and have access to the funds you need to cover the costs of construction materials and labor.
If your business is ready for relief from rent, Altabank can structure an owner-occupied commercial real estate loan so you can acquire or build your own property.* We’ll help you unlock the unique benefits of owner-occupied properties, including tax deductions,† building equity in an appreciating asset, and the opportunity for a steady stream of lease income. We can also structure these loans to refinance or improve your existing property.
Working through the Small Business Administration (SBA), Altabank can offer a wide range of real estate loans to start-ups or other small businesses looking to expand that might not otherwise qualify for financing. Through the SBA’s 7(a) term loan and 504 loan programs, businesses can qualify for up to $5 million to fund real estate construction for office, warehouse, industrial or special-use space.* Altabank is an SBA preferred lender, which means we’ve done this a few (thousand) times, so we know how to quickly get you into the right loan to help grow your business.
Reap the rewards of rental income with a multi-family real estate loan from Altabank.* These loans are available to qualified borrowers that want to invest in apartments, condominiums or townhomes. With flexible financing options and terms up to 18 months for construction and a maximum term of 35 years, our multi-family real estate loans offer an affordable way to increase your monthly income, backed by an experienced team of loan experts.
If you’re looking to buy, build or develop commercial real estate as an investment property, Altabank has short- or long-term loans with terms up to 18 months.* Our investor real estate loans can be used for many commercial property types, with our experienced loan officers serving as mentors and guides throughout the process. Whether the purpose of your loan is to acquire a new building, refinance an existing one or purchase a lot, we’ll help get your project done on time so you can start accessing the resulting benefits of rental income.
We’re good at turning dirt into money; let us help you do the same. Altabank’s development loans will allow you to get your undeveloped land ready for construction.* Our team of experts will help you craft a custom solution for your project that fits your timeline and financial needs. Clear the land for your commercial or residential project, and clear the way for future profitability.
* Subject to credit approval.
† Consult your tax advisor for tax implications.