Commercial Property
Commercial properties come in all sizes and are intended for a wide-range of uses, but they can be mortgaged just like a residential structure. This type of loan can range from the tens of thousands to the hundreds of millions depending on the structure and the location. They can be for purchase or refinance and sometimes they require a personal guarantor. Similar to residential loans, commercial loan programs include short term adjustable rate mortgages as well as fully amortizing fixed rate loans usually for up to thirty years. Here are some of the more common types of commercial property: Commercial properties come in all sizes and are intended for a wide-range of uses, but they can be mortgaged just like a residential structure. This type of loan can range from the tens of thousands to the hundreds of millions depending on the structure and the location. They can be for purchase or refinance and sometimes they require a personal guarantor. Similar to residential loans, commercial loan programs include short term adjustable rate mortgages as well as fully amortizing fixed rate loans usually for up to thirty years.If you are looking to buy a commercial property for your own personal business use or even as an investment or if you would like to refinance a commercial property you currently own please fill out the PickYourOwnRate.com form and an experienced mortgage professional in your area will contact you promptly.