Commercial mortgage is typically a loan that you get for your business in order to purchase or acquire a commercial property. Compared to residential mortgage, it differs in several ways; The loan to value ratio may be higher for a residential mortgage than commercial mortgage. The interest rate on residential mortgage is also lower than that...
Owning or if you are considering purchasing an apartment building (multifamily building) can be a high-maintenance undertaking that can be even more complicated without appropriate financing. You need to find the right lender to obtain a commercial loan to finance your apartment building. Unlike conventional mortgages, commercial loans vary in rates, terms, fees and overall...
The Debtor in Possession Financing (DIP), is kind of financing for companies that are having troubles with cash flow and facing bankruptcy. It is different from other methods of financing since it is given priority over existing equity, debt and any other claim. Debtor in Possession Financing however, cannot be used freely by companies. It...
This article presents all of the variety of frequently answered questions about commercial mortgage bridge loans– especially for the reader to have a clear picture on what the above subject is all about. Q1. What is a Bridge Loan? Bridge loans are applicable as a means of short- term finance, or when instant bulky cash payments...
What types of commercial mortgages can I apply for? Understanding how Commercial Mortgages Work and commercial mortgage requirements- here are some professionally driven answers. Applying for a commercial mortgage can be a frustrating and stressful exercise, especially when dealing with traditional banks still gun-shy so many years after the leverage crisis that triggered the 2007 big...
