0
What options do you have in order to obtain a commercial mortgage financing?
Wiki User
∙ 10y ago
The options when obtaining a commercial mortgage financing is to shop around to find the most competitive and secure rate. As well one needs to look at comfort level and ability to pay for the mortgage.
Wiki User
∙ 10y ago
Add your answer:
Earn +20 pts
Where can one find a commercial mortgage broker?
Commercial mortgage brokers help to negotiate with banks or building societies to obtain the best possible interest rates for one's mortgage. They can be found as part of commercial mortgage broker companies such as Empire Commercial Finance.
What is a home mortgage?
A home mortgage is a loan that is secured by property through the use of a mortgage note that ultimately grants you a mortgage for your home. You can obtain financing on the purchase of your new home or any home.
Are commercial mortgage rates normally higher or lower than home mortgage rates?
Typical interest rate for a commercial mortgage is 13% compared to a scope of 1-3% interest rate on a residental mortgage. Also it is very hard to obtain a commercial mortgage less than 100,000$. In the bottom line, one can conclude that commercial mortgage are normally higher than residental.
How does one obtain a no money down mortgage?
A good way to obtain a no money down mortgage is to have excellent credit. You can make appointments to speak someone who could help you with other options as well.
3 types of real estate financing?
As far as what types of residential real estate financing that are available, there are several types of mortgage loans that one can obtain. The most common loans are FHA, VA, and Conventional loans.
What is a home mortgage?
A home mortgage is a loan that is secured by property through the use of a mortgage note that ultimately grants you a mortgage for your home. You can obtain financing on the purchase of your new home or any home.
Where can one find a commercial mortgage broker?
Commercial mortgage brokers help to negotiate with banks or building societies to obtain the best possible interest rates for one's mortgage. They can be found as part of commercial mortgage broker companies such as Empire Commercial Finance.
What is a typical place to obtain a commercial mortgage in the UK?
Most commercial mortgages in the U.K. are secured through a commercial mortgage broker who has the expertise to navigate the legally complicated process and can locate the best deals.
Are commercial mortgage rates normally higher or lower than home mortgage rates?
Typical interest rate for a commercial mortgage is 13% compared to a scope of 1-3% interest rate on a residental mortgage. Also it is very hard to obtain a commercial mortgage less than 100,000$. In the bottom line, one can conclude that commercial mortgage are normally higher than residental.
How does one obtain a no money down mortgage?
A good way to obtain a no money down mortgage is to have excellent credit. You can make appointments to speak someone who could help you with other options as well.
Where could a reliable mortgage repayment calculator be obtained?
There are a few options for choosing a reliable mortgage calculator. You can obtain a reliable mortgage calculator from Bankrate, Quicken Loans, or Discover.
3 types of real estate financing?
As far as what types of residential real estate financing that are available, there are several types of mortgage loans that one can obtain. The most common loans are FHA, VA, and Conventional loans.
Where can one obtain a commercial real estate mortgage?
If you are looking to get a commercial real estate mortgage, you have a few choices available. You should try your local banking institution. You can then contact some of the larger banks like Wachovia or Wells Fargo.
What are the ways someone can obtain a mortgage quote from Halifax?
Halifax has various options to receive information about a mortgage. One way is to view the calculator on the website for information, others is to look on the website or call a representative.
How can people obtain mortgages after going into bankruptcy?
In order to obtain a mortgage after bankruptcy, wait at least 2 years from time of the bankruptcy discharge. During these 2 years, re-establish credit by paying all bills on time. With a clean credit history and a steady job, banks should easily grant financing, even 100% financing.
How can one obtain a mortgage to buy a property in Bulgaria?
It is not possible to obtain a UK mortgage to purchase a property in Bulgaria. However, it is possible to obtain a mortgage in Bulgaria, by approaching a Bulgarian bank.
Where can one obtain financing for elective surgery?
Financing for elective surgery can typically be obtained from medical financing companies, personal loans from banks or credit unions, credit cards with promotional financing offers, or through healthcare-specific credit cards. It's important to carefully research and compare the terms and interest rates of different financing options before making a decision.
