1 All products and services are subject to approval, including credit approval. Some restrictions apply. Maximum line of credit amount of $250,000. Other terms, conditions, fees, and restrictions may apply.
2 The Annual Percentage Rate (APR) for the Business Line of Credit is variable and is based on the Prime Rate published in the Wall Street Journal (7.00% as of 11/03/2022), plus a margin. Your APR may vary based on credit history, line amount and other factors. At no time will the APR exceed 18%. Rates and programs are subject to change without notice. Contact us for current rates. All advances will be subject to the variable rate APR according to the terms of the account agreement. The minimum line amount is $25,000.
*The Annual Percentage Rate (APR) for an Owner-Occupied Real Estate Loan is fixed and is based on the applicable (5, 10 or 15 year) Treasury Rate , plus a margin.. The loan must be a minimum of $100,000. Your APR may vary based on credit history, property type, occupancy, lien position, loan amount and other factors. At no time will the APR exceed 18%. Rates and programs are subject to change without notice. Contact us for current rates.
**Offer applies to a 10 or 15 year fixed rate loan. Offer also applies to the 10 year loan repricing at year 5 to the then 5 year Treasury Rate plus Bank margin. At repricing date Bank margin does not change from margin applied for year one through five. Amortization period for all terms is 25 years. A balloon payment may apply at the end of the loan term. To receive this offer, loans require opening and maintaining an Amerant Business Checking, Business Checking Plus or Business Interest Checking Account. Auto debit for the monthly loan payment required from an Amerant account. Offer is based on credit parameters and qualification criteria for Amerant Bank’s Owner Occupied loan program, where Amerant Bank holds a first lien position. Offer effective as of 01/01/2022. Offer and Program Terms are subject to change or withdrawal at any time and without notice. Nothing herein is or should be interpreted as a commitment or offer to lend. Loan is secured by the real estate you are financing. Ask us about additional rates and margins that may apply. All loans are subject to credit and property approval. Other restrictions, limitations and fees may apply. Property must be located within Amerant Bank’s designated areas in Florida and Texas; speak to a banking specialist for details.
An origination fee of 0.50% will be applied.
USA PATRIOT Act
To help the government fight the funding of terrorism and money laundering activities, the Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.
What does this mean for you? When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may ask to see your driver’s license or other identifying documents.
Know Your Customer
Managing a successful Know Your Customer (KYC) Program is a requirement of the U.S. banking system. Learn More.