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what is the going rate for a residential/commercial bldg 20yr loan

by rpitpug874 from Garfield, New Jersey. Feb 9th 2015 Reply


Michelle Curtis Loan Originator NMLS 401173 (EmbassyFundingLLC)
#2 ranked lender in New York - 2,237 contributions

Many more factors are needed to give you that information, credit score, income, assets, net operating income of the property, will it be owner occupied? We would be happy to give you a free consultation on this, call us directly any time toll free 800-991-5309

Feb 9th 2015
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Michelle Curtis Loan Originator NMLS 401173 (EmbassyFundingLLC)
#2 ranked lender in New York - 2,237 contributions

Also purchase price and down payment as well! Call us for a free no obligation quote! 800-991-5309

Feb 9th 2015
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William J Acres (William_Acres)
#1 ranked lender in Arizona - 8,041 contributions

Much more info would be needed.. like a LOT more.. which space is bigger, the commercial space or residential space, what type of business is being run out of the commercial building.. are there or could there be any environmental issues, Is there acreage associated with the property, and if so, how much? What are the borrowers qualification. income, debt, credit scores.... etc, etc, etc.. I could go on and on.. It's impossible to quote a rate without looking at the complete loan profile.. and with commercial, because of the large amount of work involved in putting a quote together.. a lot of lenders wont quote you unless you go through the complete loan application process.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com

Feb 9th 2015
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Phil Dumouchel (PhilDu)
#1 ranked lender in South Carolina - 2,228 contributions

Usually these types of properties are financed as commercial not residential properties which is entirely different in rates and terms and will vary much more from lender to lender

Feb 9th 2015
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