Forgotten Your Password?

Need to Register?

Question Icon

If a commercial loan to purchase a building is 1/2 the appraised value does the downpayment still need to be 20 %?

by info169 from , California. Oct 10th 2017 Reply

Joe Metzler (JoeMetzler)
#1 ranked lender in Minnesota - 3,635 contributions

YES. Down payment requirements are based on purchase price, not appraised value.

Oct 10th 2017
Subscribe to our news feed.