Most investors of commercial real estate secure a loan, or mortgage, to cover a portion of the purchase price. Unlike a residential mortgage, which typically carries a fixed rate term of 30 years, commercial loans are often 5 to 7 years in length and include a balloon payment at the end of the term.
Commercial Mortgage Insight Blog
Applying for a commercial mortgage loan doesn’t have to be an overwhelming or complicated process. With the right knowledge and lending team on your side, you can find the right funding scenario to meet your needs. Here are a few commercial loan steps to take before you apply: Author: Zack NorthZack North is the Director […]
If you’re considering the purchase of a commercial property, a commercial loan is likely in your future — as most investors require some type of funding to complete the transaction. But how much can you afford? What is the right commercial property loan amount to ensure that the property can support the debt? Author: Zack NorthZack […]
Are you currently leasing office space for the day-to-day operations of your business? Are you tired of annual rent increases digging into the profit your business generates? Perhaps you’re ready to purchase your own commercial property. After all, owning commercial real estate allows you to build equity that you can leverage for financial gain down […]
Whether to invest in single family or multifamily real estate is perhaps one of the biggest questions among both new and seasoned real estate investors. As with all investment options, there are pros and cons for each. Ultimately, however, the decision boils down to your personal criteria and investing goals. Author: Zack NorthZack North is […]
When it comes to commercial real estate, sustainability strategies have undergone a recent shift over the past several years. No longer is sustainability simply a brand differentiator or even a way to cut costs – it’s a proven driver of revenue in today’s industry. Author: Zack NorthZack North is the Director of Marketing for Commercial […]