Commercial Mortgage Lenders - Finding the Right Source
Posted on July 17, 2009 - Filed Under Commercial Loans | Leave a Comment
When searching for the right Commercial mortgage Lender there are several key elements to consider. Are you looking to refinance a current property, purchase a new one or need a modification / workout done for your current loan? Are you rate shopping to see what terms and rate would apply to your property or are you more concerned with fees to acquire the funds?
There are many different commercial loan types but the majority break down to a few primary categories:
-Purchase / Acquisition: Buying a commercial property Refinance: Refinancing a current loan on a commercial property
-Bridge: Short term financing for Development projects and
-Rehabs Asset Based: Financing against fixed assets (equipment, fixtures or receivables).
