Lending

When it’s time to make that big decision, see a Hanover Commercial Banker first. We can guide you through the financing maze so your vision can become a reality.  We’re with you from application to opening that front door for the first time.

Residential Investor Program

Investment property purchase loans available

  • 1-4 family homes eligible
  • Ideal for your next major purchase
  • Reasonable closing costs
  • Fast closing
  • Local decision-making
  • A variety of adjustable rate mortgages available

Call (516) 874-2056 for additional loan details

Commercial Loans

Small business is one of our biggest priorities at Hanover Community Bank. This is why we offer such a variety of flexible credit products, because no two businesses are alike. And it’s also why we assign highly skilled locally based bankers to manage your account. They know your neighborhood and understand your needs and can structure an ideal commercial loan. Whether you seek to finance working capital, capital expenditures, business expansion or acquisitions, Hanover offers the right lending solution to move your business forward.

Contact us at 516-248-4868 and a Hanover Community Bank Commercial Loan Specialist will be happy to assist you.

* subject to credit approval 

Commercial Real Estate Mortgages

Just as our name affirms, Hanover Community Bank is heavily invested in the communities we serve. We take great pride in helping these neighborhoods expand, progress and succeed. To that end, we offer a variety of competitively priced loan products for owner-occupied and investment commercial real estate properties within the five boroughs of New York City, across Long Island as well as Westchester County. Our market-savvy lending team is ready to provide the personalized service, flexible products and accommodating terms for which Hanover is well-known and sought after.

Property Types:

  • Multi-family Apartment Buildings
  • Mixed-use Properties
  • Office and Retail Properties

We offer:

  • Quick turnaround
  • Competitive interest rates
  • Loan-to-value up to 75%
  • Flexible terms: 5-to-15-year fixed
  • Amortization up to 30 years
  • Purchase and refinance

Equipment Financing

Hanover Community Bank offers flexible financing programs for businesses that are considering leasing to meet their equipment needs.  Our equipment financing programs offer both loan and lease options, flexible terms and most importantly, professionals who can provide guidance to ensure that you select the option that best meets your needs. Hanover Community Bank is committed to fast turnarounds so the transaction is completed on time and efficiently.

Products Under Development

As a Community Bank, we know how important it is to offer solutions that meet your financial and borrowing needs. That is why we are hard at work re-designing a few of our products to provide you with more options that will give you peace of mind when making life’s every-day decisions. Check back with us periodically to see the progress we have made on:

  • Overdraft Protection (for consumer and business)
  • Conventional Single Family Residential Mortgages
  • Home Equity Lines of Credit (HELOC) and Term Loans

Personal Attention - Local Decisions - Great Service

Call Hanover Community Bank at (516) 248-4868 or (646) 569-3600 for more information on our banking products and services. Branch location, hours of operation and other related information can be found on our Contact page.

All Hanover Community Bank accounts are insured by the FDIC for at least $250,000.

Have more questions? Check out our FAQs page for additional information.