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  DCU Home  >  Business Services  >  Commercial Mortgages


Commercial Mortgages

Commercial Mortgages  |  Features  |  Minimum Requirements  |  How to Apply


 Commercial Mortgages

Whether you occupy your property with your business or you are a real estate investor, DCU has the mortgage for you.
DCU's Commercial Mortgages can be used for business purposes including...
  • New Addition
  • Consolidate Loans
  • Refinance an Existing Commercial Mortgage
  • Purchase a New Building
  • Cash Out
  • Short Term Cash Needs
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 Commercial Mortgage Features

  • A DCU Commercial Mortgage is a Permanent Mortgage
  • Commercial Mortgage Loan amounts are from $100,000 to $5,000,000
  • Business owners, investors, and experienced contractors are eligible to borrow
  • All mortgages not granted in individual name(s) will require the guaranty of the principal(s). If a building owner is occupied, the business will also guaranty the loan.
  • Terms up to 10 years
  • Amortization up to 25 years
  • Interest rate is based on the credit, loan-to-value, debt service coverage, and other credit related factors.*
  • Commercial Mortgages generally carry a fixed five year interest rate. The rate will be adjusted at the fifth anniversary of the loan based on the Treasury bill rate plus a spread.
  • Points are 1% or less payable at closing
  • Collateral: first position on the property
  • Up to 75% Loan-to-Value (80% for strong borrowers). All liens on the property including DCU's first mortgage and other secondary mortgages cannot exceed 80% loan-to-value during the life of the loan.
*The rates, terms, and conditions above are guidelines and may not apply in certain situations. A DCU Representative will discuss any variations with you. Rates, terms, and conditions are subject to change without notice.
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 Commercial Mortgage Minimum Requirements

  • Businesses have to be in business for at least 18 months.
  • Property owner must be in Massachusetts, New Hampshire, or Rhode Island.
  • Personal Credit must be satisfactory.
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 How to Apply

If your loan request is for $500,000 or less and your business occupies over 50% or more of the building please complete and submit the QuickApp for Business Loans.
If your mortgage loan request is $500,000 or less and your business occupies less than 50% of the building, complete and submit the QuickApp for Investment Real Estate Mortgages.
Investors: If your mortgage loan request is for $500,000 or less please complete and submit the QuickApp for Investment Real Estate Mortgages.
If your request is greater than $500,000, please call the Commercial Loan Department at 508.804.9188 or 800.328.8797 extension 9188.

If you have any questions, please consult our Frequently Asked Questions page or, don't hesitate to call us.
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The rates, terms, and conditions above are guidelines and may not apply in certain situations. A DCU Representative will discuss any variations with you. Rates, terms, and conditions are subject to change without notice.

Please visit our Business Applications and Forms page to access all of our QuickApps and business forms.


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Digital Federal Credit Union
Digital Federal Credit Union
220 Donald Lynch Boulevard
PO Box 9130
Marlborough, MA 01752-9130
508.263.6700 • 800.328.8797
 DCU is an Equal Housing Lender    Your savings federally insured to at least $250,000 and backed by the full faith and credit of the United States Government. National Credit Union Administration, a U.S. Government Agency. Select for more information.

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