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  Holiday Closing
Spencer Savings Bank will be closing at 3:00pm on December 24th and closed on December 25th in observance of Christmas Day. Read Full Message

For your convenience, account information can also be accessed 24/7 through our online banking, mobile banking and telephone banking platforms.

Commercial Mortgage

We know that no two investment real estate properties are the same which is why our NJ/NY commercial loans and financing programs are unique to address your specific asset. Spencer provides investment property financing for acquisition as well as refinancing of existing investment property loans. At Spencer, we offer financing for multi-family and commercial properties. Our well-seasoned staff has the knowledge and expertise to help you with the financing needed for stabilized properties, purchases or development of investment properties.

We work with real estate owners and developers in New Jersey, New York City and Eastern Pennsylvania to provide permanent commercial mortgages with loan amounts ranging from $1 million to $20 million with terms from 5 to 10 years. Financing is available for multi-family, medical office, industrial, retail and mixed-use properties. Spencer offers competitive pricing, local decision-making and service excellence.

A Spencer commercial real estate lender can help explain the various financing options and help customize a commercial mortgage that’s right for you.

Recently Closed Transactions
$19,000,000
Two Buildings/8 Tenants
Commercial Mortgage
Clifton, NJ
$3,745,000
Retail Shopping Center
Commercial Mortgage
Amityville, NY
$9,000,000
Retail Shopping Center
Commercial Mortgage
Langhorne, PA
$6,500,000
Industrial/Warehouse/15 Tenants
Commercial Mortgage
Hillburn, NY
$3,000,000
19-Unit Retail/Apartment Building
Commercial Mortgage
Passaic, NJ
$2,500,000
13-Unit Retail/Apartment Building
Construction Loan
Passaic, NJ
Contact Us Today

Maria Seretis

VP/Assistant Director of CRE Lending 1-201-703-3800 ext. 8441

Dana Berlin

VP/Client Manager 1-201-703-3800 Ext. 8332