Knowledge is power – especially when it comes to your commercial loan request. If you’re seeking financing for a commercial property, like an apartment building, office, or retail center, you may be wondering just what lenders are doing while your request is “under review.”
Commercial Mortgage Insight Blog
When it comes time to refinance your commercial mortgage, are you asking questions or simply going through the motions? If you don’t take the time to learn about your options, you might miss out on a lower interest rate, more favorable terms, or simply a more enjoyable lending experience.
Why refinance a commercial mortgage loan? It’s a good question, and one investors and business owners need to ask themselves often. That’s because unlike home loans, the typical commercial loan is between 5-7 years in length.
Documentation concerns are a major issue for borrowers in need of commercial mortgage financing.Tax returns are a particular source of worry. That’s because small business owners often struggle to produce returns that accurately prove their current income level. The problem is that many traditional lenders require this type of documentation when determining whether to approve […]
Have commercial mortgage loans on your mind? You’re not alone. Investors and business owners across the country are looking to purchase real estate or refinance the properties they currently own, and new financing options continue to pop up hoping to meet the demand. But the fact that there are a greater number of commercial lenders […]
Looking to purchase or refinance a commercial property? You’re probably looking at a number of commercial lender alternatives and comparing their benefits and drawbacks.