Investment Real Estate
First American Bank provides an array of loan products to help you make the most of your real estate investment and development opportunities. The Commercial Real Estate Team has extensive knowledge of the Chicagoland real estate market. No matter where you choose to build or invest, First American Bank will always provide you with competitive products tailored to your needs.
First American Real Estate Advantages and Benefits
There are many advantages to using First American Bank's help for your real estate lending needs, including our full range of real estate lending capabilities, the knowledge and expertise of our senior-level real estate professionals, and the flexibility of our operations.
Expertise The Commercial Real Estate Team has over 40 years of experience in real estate lending, as well as a comprehensive knowledge of the Chicago area real estate market. That's why, unlike other banks our size which are mainly suburban-based, First American has the ability to cover the entire Chicagoland real estate market, including every city, village and neighborhood in Cook, Dupage, Lake, Will, McHenry, Kendall, Kane and Kankakee county.
Our experience with a wide range of Chicagoland communities has also given us a clear understanding of how municipalities operate - their zoning ordinances, rules, and regulations - so we can help you navigate the complicated processes involved.
Flexibility Unlike many other banks, we provide you with strategies tailored to help you exceed your financial objectives. First American Bank looks at your entire financial picture rather than just hard assets and we have the ability to be flexible in the following areas:
- Pricing: We offer a variety of options for up-front costs and loan rates.
- Advance Rates: We can offer you aggressive advance rates against the total cost of construction because, in addition to hard costs, we will finance soft costs such as permits, legal fees, insurance, and bank fees.
- Loan Structure: Our loans can be structured to meet your needs in areas such as: Guarantee, Loan term, Collateral requirements, and Pre-sales requirements.
Commitment At First American Bank, we're dedicated to giving you the personal attention, quick turnaround, and detailed follow-through that you require. Our real estate professionals work hard to meet your needs with a high level of expertise, an array of value-added services, and an unwavering commitment to your success.
Consistency When you bank with First American, you can take comfort in the knowledge that you will be dealing with the same person for all of your commercial real estate needs. Our commitment is to build lifetime relationships, to provide an exceptional level of service and to take into consideration each client's individual and distinct needs. Whether you have just closed your first loan or your fifteenth, our staff takes pride in knowing each of their clients by name, not account number. At First American Bank you are more than a number; you are a valued customer.