Loans from $50,000 to $5,000,000+
Financing amounts depend on collateral, loan-to-value, creditworthiness, and underwriting.
Flexible Repayment Options
Terms up to 10 years; amortization up to 30 years, and no prepayment penalties.
Financing For A Wide Range Of Property Types
Office condos, retail strip centers, apartment buildings 5-units and up.
Our Commercial Real Estate (CRE) Loans may help eligible businesses purchase qualifying office, retail, multifamily, investment, owner-occupied, or other commercial property instead of leasing. Loans available from $50,000 to $5,000,000; larger amounts may be considered on a case-by-case basis, subject to credit approval, collateral, loan-to-value, occupancy, property type, lease profile, and underwriting requirements. Talk to one of our CRE specialists, who can walk you through available options. Financing available for offices, office condos, retail/retail strip, apartment buildings 5-units+.
- Choose terms up to 10 years with amortization up to 30 years**
- Borrow from $50,000 to $5,000,000; larger amounts may be considered on a case-by-case basis. Complete the CRE Inquiry Form to start a conversation with one of our specialists.
- Pay down your loan early without prepayment penalties
- Minimum 20% down payment required
- Finance owner-occupied or investment commercial properties, with rates and terms subject to property type and leases details
Questions? Complete our CRE Inquiry Form.
For current rates and to apply, contact our CRE team:
- Commercial Real Estate at GetCRELoans@figfcu.org or call 800.877.2345, ext. 6613
- Micah Bouloy, Senior Commercial Real Estate Loan Officer, at 323.209.6044 or mbouloy@figfcu.org; or
- Patty Laugtug, Senior Commercial Real Estate Loan Officer, at 323.209.6070 or plaugtug@figfcu.org
Is a CRE loan right for you?
A CRE loan may be a good fit if you want to purchase property for your business, move from leasing to ownership, or finance a qualifying commercial investment property.
- Purchase office or retail space for your business.
- Buy an office condo, retail strip center, or apartment building with 5+ units.
- Explore investment property financing options.
- Secure flexible repayment options with no prepayment penalties.
How the CRE loan process works.
- Tell us about your property goals: Complete the CRE Inquiry Form and share what you’re looking to purchase.
- Review your financing options: A CRE lending specialist will walk you through available loan structures, terms, and next steps.
- Move forward with confidence: We’ll help guide you through documentation, approval, and closing.
Special offers for Farmers Agents.
Owning the space your agency runs out of is the next move for growth, and we know exactly what that means for someone whose income doesn’t look like a paycheck. These offers are built exclusively for Farmers Agents ready to stop renting their future and start owning it.
| Farmers Agents CRE Application Offers | Farmers Agents Down Payment Financing |
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Now’s the perfect time to invest in your own office or retail space if it’s owner-occupied with special limited-time offers to help you save!
Contact your Business Banking Relationship Manager now to learn more. |
A Farmers Secured CRE Loan can help with the down payment on a qualifying commercial real estate purchase.
Contact your Business Banking Relationship Manager now to learn more. |
Commercial Real Estate (CRE) Loans FAQs
Commercial real estate loans can finance offices, office condos, retail spaces, retail strip centers, owner-occupied properties, and apartment buildings with 5 or more units. Investment property financing is also available, with rates and terms subject to property type and lease terms.
A minimum 20% down payment is required for a CRE loan. Talk to one of our CRE specialists to see how that applies to your specific property and financing needs.
CRE loans offer terms up to 10 years, with amortization up to 30 years. Loan amounts range from $50,000 to $5,000,000. Larger amounts may be considered on a case-by-case basis. Complete the CRE Inquiry Form to start a conversation with one of our specialists.
The loan term is the length of time before the loan matures. The amortization period is the schedule used to calculate payments over time. A longer amortization period may help lower payments, while the loan term determines when the balance must be paid, renewed, or refinanced.
No, there are no prepayment penalties on our CRE loans, so you can pay down your loan on your terms without added cost.
Yes, investment property financing is available in addition to owner-occupied space. Rates and terms for investment properties depend on the specific property type and existing leases.
Refinancing may be available depending on the property, loan amount, current financing, and eligibility requirements. Complete the CRE Inquiry Form to discuss your options with a CRE specialist.
Helpful details include the property type, estimated purchase price or loan amount, intended use of the property, down payment amount, and whether the property will be owner-occupied or used as an investment.
Complete our Talk To A CRE Specialist form to connect with one of our experts, who'll walk you through your options and help you move from leasing to owning.
For business purposes only. Not available for personal, family, or household purposes. Membership eligibility and credit approval required. An active FIG Credit Union business membership with a $5 minimum deposit required to establish and maintain membership, are required.
Commercial Real Estate Loans are subject to applicable underwriting, creditworthiness, property, occupancy, collateral, appraisal, loan-to-value, and other eligibility requirements. Loan amounts, rates, terms, amortization periods, and fees vary based on the transaction and property type. A minimum 20% down payment is generally required. Loan amounts are available from $50,000 to $5,000,000 or more, subject to approval. Terms are available up to 10 years with amortization periods up to 30 years. No prepayment penalty applies.
† For eligible Farmers Agents, limited-time promotional offers may include a loan origination fee credit of up to $2,000 or 1% of the loan amount, whichever is less, and an appraisal fee rebate of up to $1,700 or the actual appraisal cost, whichever is less. The loan origination fee credit is applied at closing; the appraisal fee rebate is credited after closing. Promotional offers are subject to eligibility requirements and may be modified or discontinued.
Farmers Agent Secured CRE Loans are subject to additional program requirements, including applicable direct-deposit requirements. A $250 non-refundable application fee, closing costs of 1% of the total loan amount up to $2,500, and a $100 UCC filing fee apply, as applicable.
Rates and terms are subject to change and actual rates and terms depend on creditworthiness, property type, occupancy, loan-to-value, collateral, and other applicable underwriting criteria. Payment of an application fee does not guarantee credit approval. This is not a commitment to lend. Equal Housing Lender.
Membership eligibility required.