Commercial Real Estate Loans

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Customized lending to help grow your business.

Owning investment property can be a smart choice. One of the greatest benefits to investment property is receiving rental income which can help fund the mortgage payment on the property.

DuTrac offers the ability to structure loans with terms that help you achieve your business goals and objectives that ultimately will impact your bottom line.

Benefits include:

  • Ability to write off most of the expenses associated with the maintenance of the property
  • Additional tax benefits such as depreciation and mortgage interest deductions (please contact your tax advisor to determine your business deductions)
  • Owning your own property for your business helps you control overhead costs and builds equity in an asset, instead of paying rent to someone else

Because you’re working with a credit union and not a traditional bank, you can take advantage of some of the most competitive commercial real estate loans in Iowa.

Loan rates and terms:

  • Flexible terms up to 25 years
  • No prepayment penalties

DuTrac can finance almost any type of property:

  • 1-4 Family Rentals
  • Apartment Buildings
  • Mixed-Use Properties
  • Commercial Real Estate
  • Light Industrial
  • Warehouse
  • Mini-Storage
  • Office
  • Retail

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The DuTrac Commercial Lending Team

Jeff Waller

Commercial Lending Manager
(563) 635-7410

Travis Phelan

Commercial Lender
(563) 557-5001, ext. 8518

Dennis Naranjo

Commercial Lender
(563) 635-7411

All DuTrac branches will be closed on Monday, January 15, in observance of Martin Luther King Jr. day.

All DuTrac branches will be closed on Monday, February 19, for Presidents' Day.

All DuTrac branches will be closed on Monday, May 27, for Memorial Day.

All DuTrac branches will be closed on Monday, December 25, for Christmas Day.

All DuTrac branches will be closed on Monday, January 1, for New Year's Day.

Due to inclement weather, all DuTrac branches will close at 1:00 PM today, January 9. Online banking, AccessLine, ATMs and our app are available 24/7 for your convenience.