Finding a commercial mortgage loan is becoming easier than in recent years. A commercial mortgage loan is a type of business loan which is secured against a commercial real estate?
This type of loan is probably the best way to finance the purchase of buildings and land for business purposes. A commercial mortgage loan is often taken out from a lender, through a commercial broker, when a business, investor or an individual is considering purchasing investment real estate. The best loan is generally going to be the one that will maximize your overall ROI. Commercial lenders will usually advance up to 75% of the value of the property (LTV) against which the commercial mortgage loan is secured but may be willing to offer more depending on property type. Commercial mortgage loans offered by our brokers are flexible and suited for businesses of all sizes.
Commercial real estate refinance, new purchase and equity cash out refinance for commercial properties in the USA are available now. More programs are being offered that in recent years when lending was tight.. Our brokers and loan officers assist you close quickly.
Shopping for a commercial loan can be difficult and possibly time consuming. That is where an experienced mortgage broker can help you make a decision that is best for you.
We can help you find the loan program you need to suit your specific situation. Our Commercial team includes licensed mortgage brokers that specialize in arranging commercial property loans and financing. You can trust us to find the loan program that’s best for you.
Getting a commercial mortgage loan is significantly different from obtaining a residential mortgage loan. Did you know that putting a commercial mortgage loan package together is simpler than doing a Fannie-Freddie residential deal.
A common mistaken belief made by borrowers when apply for a loan is that the bank or commercial lender only uses the expenses from the property when calculating the NOI. A 10 year commercial mortgage loan is considered a long term commercial loan. Commercial mortgages are a great for commercial property as it is valuable for business prospects.