At Terrabank, we pride ourselves in offering the flexibility in lending products that our clients want and deserve. That is why we offer a wide array of Lending Programs that can meet most of our client’s needs.
Our extensive knowledge of the South Florida Real Estate Market gives us the ability to customize loans to meet our client’s financing objectives. We have programs that can serve the specific needs of local borrowers or foreign national borrowers.
Through our mortgage portfolio program both local and foreign borrowers have the option to buy or refinance a residential property and take title in a variety of different structures whether it be under a personal name, corporate name, trusts or other structures. Our residential loan programs are available for conforming and jumbo loans.
If you are an investor we can work with you in the purchase and refinancing of properties to help you maximize your loan benefits.
Whether you are buying your first home, want to upgrade to a larger property or invest in a rental property we are here to offer you the right financing to achieve your goals.
Types of Residential Financing
Type of Use
Type of Financing
Types of Properties (1)
Benefits of Our Loans (2)
Flexibility in Holding Title
Our loans programs allow you to hold title under your personal name or different legal structures. This can give you the flexibility you may need for tax and estate planning purposes.
Our Portfolio Loans allow us to be more flexible with our underwriting criteria which increases your ability to qualify for the loan you want.
We Service Your Loan
We retain the servicing of our Portfolio Loans. Consequently you’ll always be able to talk to us about any issues or questions you may have about your loan.
Local Knowledge and Decisions
As a community bank we know the fundamentals of our market and we take into account our knowledge of these factors in making our credit decisions
What is a CD Secured Line of Credit / Loan
A CD Secured Loan is an installment loan or a line or credit secured by a Certificate of Deposit. Because of the nature of the collateral (cash), the interest rate for repayment is lower than other forms of business credit.
Benefits & Features
Loan Processing Fee: $250.00
Loan Fee: $100.00
Doc Stamps: $0.35/$1,000.00 of the loan (final amount depends on the loan value)
How to Apply
(1) 1 to 4 units only.
(2) Available for Portfolio Loans Only.
(3) Subject to certain country limitations.
This is not an offer to lend. Financing subject to credit evaluations and subject property collateral approval. Other restrictions may apply. The above terms and conditions are subject to change at any time without notice.
For more information, please contact us at (305)448-8787 or firstname.lastname@example.org
Hurricane Ian update:
We’re thinking about our Terrabank community and how it may be impacted by Hurricane Ian. We are committed to doing everything we can to ease your stress and support your financial well-being in this difficult time.
Due to the effects of the hurricane, all Terrabank Banking Centers will be closed on Wednesday, September 28. We plan to reopen on Thursday, September 29. Weather Permitting.
We’ll continue to serve you through our Online Banking at terrabank.com, the Terrabank apps, and 1-800-TERRABK. See our latest updates in our social media channels.
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