GETTING BUSINESS LOANS AND COMMERCIAL MORTGAGE LOANS SHOULD BE EASY RIGHT?
That is why I am here to give you a no worry GUIDE to GET BUSINESS LOANS AND COMMERCIAL MORTGAGE LOANS to get the Restaurant, Apartments, Hotels, Multifamily, and other Businesses Information is the key.The commercial mortgage loan industry is a vast and confusing process. So, I did a comparison study and have given you a guide through the process.
I found Commercial Loan Direct to be a sound start to getting your loan. Commercial Loan Direct was specifically designed to help the borrower through this vast and confusing process of getting a commercial mortgage business loan.
Commercial Loan Direct is Rated A+ by the BBB, It is free to use, and the mini application to get lenders interested just takes about 4 minutes. The best part is that you can compare the information before you go into a detailed application.
WHAT TO EXPECT FROM COMMERCIAL LOAN DIRECT
>>>NO UPFRONT COST OR OBLIGATIONS>>>COMPETITIVE RATES AND TERMS>>>200 PLUS LOAN PRODUCTS>>>EXPERIENCED LOAN SPECIALIST ASSIGNED TO YOU>>>FOLLOW UP WITHIN 1 BUSINESS DAY
The most useful part to me is that you can repeat this process for free until you have the right business or commercial mortgage loan for you.
IN GENERAL 4 TYPES OF COMMERCIAL LOAN that finance between Apartment 2-20 unites.
CONVENTIONAL MORTGAGES, GOVERNMENT BACKED LOANS, PORTFOLIO LOANS, AND SHORT TERM FINANCING (HARD MONEY AND BRIDGE)
( This table is helpful) Terms- Loan to Value- Interest Rate- Down Payment- DSCR- Funding Time
1. Conventional Mortgage 15-30- yrs-80%- 4%-6% 680+CS- 20%- 1.25+- 30-45 days
2. Government Backed 5-35 yrs – 87%- 3%-6% 650+CS- 13%- 1.25+- 60-180 days
3. Portfolio Loans 5-35 yrs- 97%- 3%-6% 600+CS- 3%- 1.25+- 30-45 days
4. Short Term Finance 1-3 yrs- 90%- 7%-12% 500+CS- 10%- 1.15+- 10-45 days
REFINANCING: Refinancing a commercial mortgage is simple It is based on the property value usually it will be a LTV of 75% of property value, your credit score is not as important and the value of the property.
I HIGHLY RECOMMEND Commercial Loan Direct to get the commercial loan that you want and need.
Janell McKenzie NMLS #1185425 Retired Chiropractor AL Lic. #1191
APPLY NOW==>Loan Application