First of all, thank you for continuing to place your trust and loyalty in Paradise Bank despite the impacts that COVID-19 has had locally, nationally, and globally over the past year. It has been our honor to serve you and your personal and/or business needs and we look forward to many more years of partnering with you moving forward.
Throughout 2021, one of Paradise Bank’s continued missions is to provide strength to our community through both first and second-round PPP loans. As a result of our team’s hard work, determination, and overall efforts, we have accomplished supporting over 5,000 jobs right here in South Florida.
There has been an influx of activity this year within our SBA division. As a preferred lender, and one of the most active SBA lenders in the State of Florida with authority to underwrite, close and service all SBA loans, we have worked with many entrepreneurs that have gone from leasing to owning their business via. a Paradise SBA loan with as little as a 10% down payment for the purchase and improvements! Throughout each step, our team of professional, communicative SBA lenders provide guidance to ensure the process is fast, flexible and free of delay.
Our residential department offers anywhere from 30-year to as low as 10-year conforming home loans on purchases, rate/term and cash out refinances up to $548,250. Our jumbo loan program offers 30-year and 15-year purchases, rate/term and cash out refinances on loan amounts up to $3,000,000. All of our offered options are at very competitive rates. Our residential team originates residential loans nationwide and are ready to assist you.
As we say here in Paradise, “Great customer service creates its own demand!”
- Bill Burke, President and Vice Chairman