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Does Jacksonville Mortgage deal in residential as well as commercial real estate mortgages?
Wiki User
∙ 12y ago
Yes, Jacksonville Mortgage deals in residential as well as real estate mortgages. They not only work with home mortgages but also with real estate for companies and other properties.
Wiki User
∙ 12y ago
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what is Commercial Mortgage?
A commercial mortgage is not the same as a residential mortgage. A commercial mortgage applies to commercial buildings or businesses. Businesspeople take out commercial mortgages.
What is a commercial mortgage?
A commercial mortgage is not the same as a residential mortgage. A commercial mortgage applies to commercial buildings or businesses. Businesspeople take out commercial mortgages.
How do commercial mortgage interest rates compare to those for residential mortgages?
Commercial mortgages interest rates are different from residential mortgages, commercial mortgages are taxed a little different and these taxes affect the interest rates to increase.
What company deals with fixed mortgages?
There are a number of companies willing to create fixed mortgage packages for residential and commercial properties. Among those with the most online presence include GMAC mortgage and Nationwide.
Is residential mortgage close-end mortgage?
Normally residential mortgages are not closed-end mortgages. By definition, closed-end mortgages cannot be prepaid but most residential mortgages in the U.S. do have a prepayment clause that allows the borrower to prepay the balance of the mortgage (perhaps by paying a penalty).In Canada, residential Mortgages could be open or closed depending on the need of the client. In some cases where the client is unsure what the time frame would be for them to repay the mortgage and does not want to get stuck with early repayment penalties, I suggest them an open mortgage.But if they are pretty much sure that they are okay to go the full term of the mortgage 1 - 5 years, then a closed is preferred as to give client the advantage of a better interest rate.
Commercial Mortgages Investment?
Commercial mortgage investment is a loan used to buy or refinance a commercial property.
Where can a person go to get advice on residential mortgages?
A person could go many places for advice on residential mortgages. Local and national banks have lots of literature on residential mortgages and have employees that specialize only in residential mortgages. One could also try contacting a real estate agent who might have many contacts with mortgage brokers that they do business with on a daily basis.
What is EMC Mortgage Servicing?
EMC Mortgage Servicing is a company that provides residential mortgages to clients. The company is located in Texas. EMC Mortgage has an excellent reputation for customer service.
Where can you find a commercial mortgage calculator to calculate payment rates in the UK?
You can visit Mortgages for Business which has a website dedicated to a commercial mortgage calculator for properties in the UK, as does Commercial Loan Advice.
What are the characteristics of the commercial mortgage market?
it is not subject to the state and federal regulation imposed to protect residential consumers. Commercial brokerage fees are often three or four times greater than residential mortgage commissions.
What is a typical place to obtain a commercial mortgage in the UK?
Most commercial mortgages in the U.K. are secured through a commercial mortgage broker who has the expertise to navigate the legally complicated process and can locate the best deals.
Which companies offer commercial mortgage finance?
You can find commercial mortgage lenders online. For a trusted option, you may consider Dream Home Mortgage, providing mortgage solutions for businesses seeking commercial mortgages. I found this in a blog.
