Commercial Real Estate Loans

The purpose of a commercial real estate loan is to provide a business with the funds to purchase or refinance a commercial property. The primary source of repayment is related to the operation of the business or the sale or operation of real estate. The refinance of a commercial real estate loan may also be used to make capital improvements to the business.

Additionally, with a Liberty Bay Credit Union commercial real estate loan you can:

  • Purchase properties for a variety of needs, including industrial/commercial, office, medical office, retail strip, retail anchor, multi-family and more
  • Work directly with a personal, experienced and local business banking expert
  • Benefit from locally based underwriting
Liberty Bay Penny Mortgage
At Liberty Bay we believe there are no ‘bad’ pennies. Especially if that penny can get you a commercial mortgage. With the Liberty Bay Penny Mortgage you pay just one penny in closing costs*.
Features include:
  • Financing up to $1,000,000
  • Up to 15-year term
  • No closing costs to borrow except a penny!*
Commercial Real Estate Mortgage
Getting a commercial real estate mortgage with Liberty Bay means you’ll benefit from competitive rates, fewer fees, and working directly with a dedicated business banking expert.
Features include:
  • Financing up to $3,000,000
  • Up to 15-year term
  • Origination fee is typically ½ % minimum on amount financed

Have Questions? Ask an Expert.

Our loan officers will serve as guides through the financing process, providing options and support so you can make the most informed choice.

Lyn Matteson
President &
Chief Executive Officer

Paul Gravellese
Senior Vice President
Senior Lending Officer


Sean Chase
Business Banking Officer
NMLS# 1191718


*Certain conditions may apply. Contact your local loan officer for further information. Rates are subject to change without notice and are subject to credit approval. Membership required. Certain restrictions apply. See credit union for complete details. Equal opportunity lender.