Whether you're purchasing a new location, expanding your current space or refinancing an existing property, our commercial real estate loans are designed to help Florida businesses grow with confidence.
Preserve Cash Flow with Flexible Financing
Spread out your real estate investment over time with competitive rates and terms—so you can keep your working capital available for daily operations.
Fast, Local Lending Decisions
Work with Florida-based lenders who understand your market and can provide quick, personalized decisions.1
Financing with Potential Tax Advantages2
Investing in commercial real estate may offer tax benefits such as depreciation and interest deductions—helping you reduce your taxable income while building long-term equity.
Why Choose a Seacoast Owner-Occupied Real Estate Loan?
Loan Amount: From $50,000
Interest Rates: Competitive Fixed & Variable Rates Available
Loan Terms: Range from 10 to 25 years
Payments: Seamlessly have payments automatically pulled from a connected Seacoast Bank business checking account
Requirements: Be Florida-based and in business for a minimum of three years
What is OOCRE & Do I Qualify?
OOCRE stands for Owner-Occupied Commercial Real Estate. It refers to a commercial property that is primarily occupied and used by the business that owns it. Typically, the owner-occupant must use at least 51% of the property's space for their own business operations.
Property Types We Finance
Retail Spaces
Industrial Warehouses
Multi-Family Apartment
Buildings
Hotels
Mixed-Use Properties
Here’s How to Apply for an Owner-Occupied Real Estate Loan
Must be a Florida-based business in operation for a minimum of three years.
Gather Your Information:
Prepare the following documents to apply:
Three years of tax returns for your business and each guarantor
List of your current monthly debt payments
Personal financial statements
Driver’s license information for each owner
Identifying information, including date of birth and documentation for each individual who has 25 percent or more beneficial ownership in the legal entity and one individual with significant managerial control3
Enter Your Info:
Submit your information in the secure account that will be created when you click "Apply Now" below. You'll have the ability to begin and save your application to return to later
Submit:
A local Florida-based lender will follow up with you in one business day or less on the status of your loan
Questions About Owner-Occupied Real Estate Loans with Seacoast Bank
Frequently Asked Questions
OOCRE can offer several tax advantages, including depreciation deductions on the property and its components, interest deductions on the mortgage loan, write-offs for property-related expenses like maintenance and taxes and potential capital gains tax benefits when selling the property.
OOCRE loans typically offer more favorable terms than traditional commercial loans. This is because lenders view OOCRE as a lower risk since the business owner has a larger interest in the property.
Yes, the Small Business Administration (SBA) offers loans specifically for OOCRE purchases. The SBA 504 loan program is designed to help small businesses finance owner-occupied commercial real estate. These loans offer competitive rates and terms, with down payments as low as 10%.
Are you interested in contacting a local, Florida banker to discuss your individual financial needs? We’d love to speak with you. Schedule a consultation today.
1. Subject to receipt of all required documentation, day, and time of application. 2. Consult your tax advisor. 3. Each time an account is opened for a covered Legal Entity, the Bank Secrecy Act requires us to ask you for identifying information (name, address, date of birth, tax identification number), as well as identification documentation for each individual that has 25 percent or more Beneficial Ownership in the Legal Entity; and, one individual that has Significant Managerial Control of the Legal Entity. If you are opening an account on behalf of a Legal Entity, you will be required to provide name, date of birth, Tax Identification Number, and address. For foreign owners, you also will be asked to provide a copy of the owner’s passport, and certify that all information is true and accurate to the best of your knowledge. You may access a form to be completed before account opening at the following link: CERTIFICATION OF BENEFICIAL OWNERS OF LEGAL ENTITIES
Equal Housing Lender. Member FDIC. NMLS# 608046
