When creating that new office, warehouse, or dream home, working with your Real Estate lender shouldn't be the tough part. At the Bank of Clark County, fast, friendly people are here to make sure you get what you need. Whether you are purchasing, refinancing or in need of a line of credit, we will handle your loan request from application to closing, keeping you informed throughout the process. We are here to make your dreams come true! Commercial Real Estate Lending Construction Lending Residential Real Estate Lending Commercial Real Estate Lending - Owner-Occupied Back to top The Bank of Clark County offers a wide array of Commercial Real Estate Products to meet the needs of our community. Are you looking to expand your present facility, purchase a new building, add improvements to existing space, or refinance? Our commercial real estate loan experts can help you, regardless of project size, with both interim and permanent financing. Our product lines include: Industrial buildings Helping Clark County business expand its manufacturing and light industrial operations. Warehouse facilities Providing that added space necessary for expanding inventory or other requirements. Office Buildings As your need for office space grows we're there to assist, whether you're starting from "the ground up" or purchasing an existing facility. Leasehold improvements Times change and so do your office space requirements. If you are looking for ways to upgrade your present facility, give us a call. Let us work with you in establishing a reasonable and competitive financing package for your leasehold improvements. Construction Lending - Owner Occupied & investor Back to top Every project has a different set of circumstances, and every builder is different. At the Bank of Clark County we have developed a variety of unique construction financing options. We will work to develop the best loan structure for you whether you are building a custom dream home or developing a new subdivision. Builder Custom dream homes built to suit your buyer or spec homes of your own design, we are here to arrange the financing for you. Developer We specialize in financing the acquisition and development of land, whether for a single lot or an entire subdivision. Construction to Perm (1 close) Allows the homebuyer to finance the construction of their home and provides for a long-term mortgage---all with one closing!! Permanent interest rate is locked at closing, with interest only payments on the money as you use it during construction. Residential Real Estate Lending Back to top Whether you're looking to purchase a home, refinance your home, or take equity from your property, the Bank of Clark County is ready to help with a variety of loan programs and products to meet your needs. We are here in person, to answer all your mortgage questions. Loan programs 1 - 4 Family residential properties Purchase & Refinance A variety of loan programs with flexible guidelines for your personal needs. Owner occupied or investor, you choose the loan program. Suitable for condominiums, investment properties and second/vacation homes. First-time Homebuyer Loan With as little as 3% down, you can be on your way to homeownership! Zero down Loan With excellent credit, you can finance your home & closing costs for a total maximum loan-to-value of 103%. No income/No asset verification Minimal information. Neither income nor assets are stated or verified. Excellent credit and 25% down required. Stated income State income & assets on application. Neither are verified. Good credit and 10% down required. Relocation We will work with your employer's moving criteria to make your move easy. Second Mortgage Equity Line The variable rate loan is a revolving line of credit that you can access when you need the money. If you don't use it, you don't pay for it! Second Mortgage Equity Term Loan Borrow a lump sum at a fixed rate and your payments will stay constant through the term of the loan. Multi-family residential (5+ units) Loan products Conventional Loan Loan amounts up to $416,999. Jumbo Loan Loan amounts over $417,000 These higher property value mortgages normally have a slightly higher interest rate. Bridge & Equity Loan An option for those borrowers who have sufficient equity in their home listed for sale and would like to use that equity for the down payment or purchase of their new home. Rate Options Fixed rate Fixed monthly payments over the life of the loan, available in various terms. Adjustable rates (ARM) A mortgage where the interest rate is not fixed, but changes during the life of the loan in line with movements in an index rate. Generally the initial interest rate is lower than fixed rate mortgages resulting in a lower monthly payment. Rates may change monthly, semi-annually, annually, or after 3, 5 or 7 years. An arm loan can mean more purchasing power or lower payments than with a fixed rate. There is also more risk with an ARM loan because the rate can increase as well as decrease. Interest Only (Bridge Loan & Equity Line) Interest only payments are calculated on the balance owing on your loan.