Important Notice

Javascript must be enabled to view this website, please enable Javascript and reopen our website.
Skip to main content
  Coronavirus Update

We are offering a SBA Paycheck Protection Program to support our business customers. Read More

On March 27, 2020, the Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law. Among other forms of economic aid, the CARES Act provides businesses affected by COVID-19 with special assistance programs. One such Small Business Administration (SBA) program is the Paycheck Protection Program, which assists businesses with job retention and specific expenses. Spencer Savings Bank is proud to partner with FOUNTAINHEAD Commercial Capital / Small Business Finance, a top national SBA lender, to offer the Paycheck Protection Program for businesses in need. Click on the link below to fill out our short internal application form. After completing the form you will be directed to Fountainhead’s website with more information. Internal Application

When completing the application, on the Fountainhead website, please indicate Spencer Savings Bank as the FastTrack Partner, and PaycheckProtectionProgram@SpencerSavings.com as the Referral Partner’s email address.

Welcome POA NJ Members

Let’s Grow Together

Business Entity MortgagesSpencer Savings Bank is proud to partner with the Property Owners Association of New Jersey to provide exclusive Business Entity Mortgages for 1-4 family homes and mixed-use properties throughout the state. This unique loan is designed to bring you closer to your investment property goals while protecting your personal assets. It’s just one of our many mortgage solutions.

Grow your portfolio with Spencer.

One of NJ’s Premier Banks Offering This Exclusive Mortgage Loan

Let Spencer secure your rental property financing and help you get started on the road to building your real estate portfolio today. Our unique mortgage loan options available for business entities (Partnership, LLC, S Corp) provide a great vehicle to help you achieve all of your investment property goals, while protecting your personal assets.  If an LLC mortgage isn’t what you’re looking for, Spencer also offers an Investment Property Mortgage.

Business Entity (LLC) Mortgage features:

  • Variety of Terms Available
  • Borrow up to $3,000,000
  • 20-25% Down Payment
  • Unique Loan Types (Cash Out Refinance Eligible)

Eligibility Requirements*:

  • Property Location Restrictions
    • New Jersey
    • Bucks County, Pennsylvania
    • Brooklyn, Queens, Manhattan, Staten Island, Bronx, Rockland or Westchester County, New York
  • 1-4 Family Homes and Mixed-Use Properties up to 4 Units