Part 2: Determine Whether or Not You’re Speaking with the right Lender Types
Commercial Mortgage Insight Blog
Part 1: Determine the Root Cause of the Denial Even though banks routinely deny commercial loan requests, the experience can still be difficult for the small business owners and investors who need financing.
Every lender is unique, but most begin the loan qualification process in a similar fashion. Put simply, lenders must be satisfied with the property, the borrower, and the borrower’s business before they approve a loan request.
Many people who are looking to invest in real estate have grappled with the problem of whether to invest in single-family or multi-unit dwellings. While each has its own set of advantages, investing in a duplex has a number of distinct benefits. Although a duplex may cost more to purchase and insure than a single-family […]
When it comes to purchasing or refinancing a commercial property, both seasoned veterans and first-timers are likely to begin the process by conducting a fair amount of research on the type of loan they will need to secure.
Business owners and investors looking to refinance their commercial mortgage have big decisions to make. Deciding which lender to engage, what type of loan to secure, and which terms to accept takes foresight, experience, and a healthy amount of knowledge.