FNCB is a leader in providing construction financing for commercial real estate.
- Construction only, mini-permanent or permanent construction financing available.
- Loan proceeds can be used for the acquisition of land and the construction
of a new structure or significant improvements to an existing structure.
- Loan term for construction only generally does not exceed 24 months.
- Permanent financing is available for terms up to 20 years.
- Fixed rate or variable rate loans.
- Loans are secured by commercial real estate.
- Interest only payments during the construction period, followed by regular
monthly payments of principal and interest thereafter.