Commercial Property Loans

Commercial Property Loans



Commercial Property Loans
Commercial property loans are a​ type of​ commercial financing .​
Any property that falls between industrial and residential is​ known as​ a​ commercial property .​
a​ property other than a​ vacant land,​ a​ single family residence,​ a​ duplex,​ a​ triplex or​ a​ four-plex is​ considered as​ a​ commercial property .​
Commercial property is​ much hyped in​ metropolitan countries .​
The government sometimes even provides incentives to​ promote these areas.
If you​ are considering buying a​ property of​ four units or​ less,​ it​ is​ considered as​ a​ residential property .​
However a​ property of​ five units or​ more is​ considered as​ a​ commercial property .​
In simple words a​ multi-family project are considered to​ be commercial property loans,​ but not all commercial property loans are multi-family loans .​
Commercial property loans can be obtained at​ different variable interest rates as​ compared to​ residential loans .​
If a​ property consists of​ a​ single apartment unit over a​ storefront then this kind of​ property is​ known as​ a​ mixed use property .​
a​ mixed use property is​ a​ commercial property and you​ would have to​ go to​ a​ commercial property lender to​ get a​ commercial property loan on​ such a​ property .​
If you​ are looking for a​ commercial loan lender we at​ I​ Loan resource can help you​ find a​ lender that best suits your requirements.
I Loan Resource use only the​ best lenders nation wide .​
We have pre-qualified these companies and set strict standards that they must educate you​ on​ your loan and not conceal any costs that you​ will insure .​
Apart from commercial property loan if​ you​ are looking to​ refinance your home,​ get a​ new home loan or​ just using your equity to​ consolidate your debt then I​ Loan Resource can help you​ find the​ right lender .​
Fill out the​ loan type of​ your choice and a​ pre qualified lender will contact the​ same day .​
No costs & no membership needed .​
All you​ have to​ do is​ just fill our online form and find a​ lender for your service.




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