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COMMERCIAL MORTGAGE
When contemplating a commercial real estate mortgage it is a good idea to get the advice of a professional from Dauphin Plains Credit Union. Whether you are looking at purchasing commercial property for your business or income producing property we understand the importance of working out the best possible mortgage package, so your mortgage can be truly affordable.
We recognize that having flexible repayment and prepayment options are very important to mortgage holders. Did you know that Credit Unions were the innovators of bi-weekly payments that substantially reduce the interest costs of your mortgage?
We stretch your mortgage dollar with competitive interest rates and no hidden charges or penalties so that your commercial real estate can be free and clear as quickly as possible.
Dauphin Plains Credit Union's mortgage features include:
- Competitive Fixed or Variable Interest Rates
- Payment options - weekly, bi-weekly, monthly, quarterly, semi-annual or annual
- Prepayment privileges of 25% of the original mortgage annually without penalty
- Amortization periods up to 15 and 20 years
- 90-Day Rate Guarantee with a pre-approved mortgage so your rate is locked in should rates increase and if rates decrease, you get the lower rate.
- Mortgage life and disability insurance available
- Members also receive interest rebate through our Member Equity Plan.
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