Forcht Bank

Review, Rates and contact information

About

Forcht Bank’s history is intertwined with the life of Terry E. Forcht, Chairman & CEO of the Forcht Group of Kentucky. Originally from Louisville and currently residing in Corbin, Mr. Forcht developed an interest in banking during his time at the University of Louisville in the 1960s while working for the Federal Reserve. In 1972, while practicing law in Corbin, he joined the board of directors at Corbin Deposit Bank and Trust. Over the years, Mr. Forcht’s passion for banking grew. In 1985, he and a group of investors established their first bank, Tri-County National Bank in Corbin, with $1.5 million in assets.

3 contacts were found in LoanBase's database

Offered Loan Program Types

New Construction/Ground-Up Construction, Permanent/Long Term

Property Types

Multi-Family, Retail, Office, Industrial

Loan Amount

$250K - $10M

Time to close

30-60 days

Primary Areas Served

KY OH

Max LTV

70%

Origination Fee

1.00%

Specialty

recently closed deals

Loan date

Loan Amount

Property Subtype

Address

ZIP

8/17/2023
$206,780
Residential
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Loan date

8/17/2023

Loan Amount

$206,780

Property Subtype

Residential

Address

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To view all recent closed deals with full address

8/15/2023
$108,640
Residential
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Loan date

8/15/2023

Loan Amount

$108,640

Property Subtype

Residential

Address

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8/14/2023
$149,870
Residential
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Loan date

8/14/2023

Loan Amount

$149,870

Property Subtype

Residential

Address

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8/14/2023
$670,500
Residential
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Loan date

8/14/2023

Loan Amount

$670,500

Property Subtype

Residential

Address

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8/10/2023
$200,000
Condominium
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Loan date

8/10/2023

Loan Amount

$200,000

Property Subtype

Condominium

Address

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8/8/2023
$208,000
Residential
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Loan date

8/8/2023

Loan Amount

$208,000

Property Subtype

Residential

Address

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8/8/2023
$546,500
Single Family Residence
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Loan date

8/8/2023

Loan Amount

$546,500

Property Subtype

Single Family Residence

Address

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8/4/2023
$247,350
Residential
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Loan date

8/4/2023

Loan Amount

$247,350

Property Subtype

Residential

Address

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8/3/2023
$190,000
Condominium
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Loan date

8/3/2023

Loan Amount

$190,000

Property Subtype

Condominium

Address

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8/3/2023
$440,300
Single Family Residence
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Loan date

8/3/2023

Loan Amount

$440,300

Property Subtype

Single Family Residence

Address

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8/1/2023
$193,907
Residential
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Loan date

8/1/2023

Loan Amount

$193,907

Property Subtype

Residential

Address

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8/1/2023
$560,000
Residential
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Loan date

8/1/2023

Loan Amount

$560,000

Property Subtype

Residential

Address

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7/26/2168
$675,145
Industrial
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Loan date

7/26/2168

Loan Amount

$675,145

Property Subtype

Industrial

Address

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