Open Bank

Review, Rates and contact information

About

Open Bank’s journey commenced on June 10, 2005, under the name First Standard Bank, a California state-chartered institution headquartered in Los Angeles, California. In October 2010, they were rebranded as Open Bank, embracing a new vision that places a strong emphasis on relationship banking. The dynamic management team, each with a wealth of experience and a proven track record in the communities and unique market areas we serve, forms the backbone of our institution. The diversity of collective experience and management styles not only strengthens our company but also serves as a robust foundation for continuous growth.

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Restrictions/note

Up to 25 years amortization.

Offered Loan Program Types

Property Types

Loan Amount

$500K - $150M

Time to close

30-60 days

Primary Areas Served

CA CO GA TX WA

Max LTV

65%

Origination Fee

1%

Specialty

Owner Occupied Deals with credit or asset issues Line of Credit (LOC)

recently closed deals

Loan date

Loan Amount

Property Subtype

Address

ZIP

10/16/2023
$400,000
MultiFamily
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Loan date

10/16/2023

Loan Amount

$400,000

Property Subtype

MultiFamily

Address

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10/12/2023
$2,000,000
Retail
***** **** **** *****

****

Loan date

10/12/2023

Loan Amount

$2,000,000

Property Subtype

Retail

Address

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9/11/2023
$1,800,000
MultiFamily
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****

Loan date

9/11/2023

Loan Amount

$1,800,000

Property Subtype

MultiFamily

Address

***** **** **
9/6/2023
$2,400,000
MultiFamily
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Loan date

9/6/2023

Loan Amount

$2,400,000

Property Subtype

MultiFamily

Address

***** **** **** ***** ******
8/29/2023
$16,700,000
Office
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****

Loan date

8/29/2023

Loan Amount

$16,700,000

Property Subtype

Office

Address

***** **** **** **
8/22/2023
$1,500,000
Retail
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****

Loan date

8/22/2023

Loan Amount

$1,500,000

Property Subtype

Retail

Address

***** **** **** ***** ******
8/4/2023
$4,545,000
MultiFamily
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****

Loan date

8/4/2023

Loan Amount

$4,545,000

Property Subtype

MultiFamily

Address

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