Winston Rowe & Associates a no upfront fee national commercial real estate finance specialist has developed this article to assist prospective client in understanding the basics of commercial loans.
If you have any questions concerning commercial real estate financing, you can contact Winston Rowe & Associates at 248-246-2243 or visit them on line at http://www.winstonrowe.com
There are considerable amount of different types of lending programs developed to accommodate commercial loans. These programs change in the requirements, terms, and loan amounts available and are highly dependent on the individual situation of the business or business owner.
While each loan has its function in the commercial funding arena, each also has drawbacks. Each option should be assessed carefully with a financial counsel to ensure that the needs of the individual borrower are fully met.
The Commercial Real Estate Purchase Loan:
This type of commercial loan is very conventional;
Commercial Mortgage Fixed Rate:
These types of loans are more contrivable when it comes to a budget as the payments and the interest rate stay invariant during the term of the loan. Furthermore these types of loans offer firmness in position over market fluctuations. Typically, the maximum LTV is 80%. Terms range from 5 years to 20 years.
Commercial Mortgage adjustable rate:
Multiple buyers work with this type of loan to finance their office buildings. This loan has an adjustable annual rate of interest. As a general conduct, borrowers are able to qualify for a larger amount with these types of programs. The payments and interests are subjects to accrual during the term of the loan. As another preference, some programs offer borrowers the option of making graduated payments or even increasing the loan amount in the future. Depending on the loan accordance, it is feasible for the Adjustable Commercial Mortgage to actually cost less than the Fixed Rate Commercial Mortgage.
Winston Rowe & Associates understands that in this business very few funding requests will fit neatly in a box and therefore we look forward to working with you to identify a unique deal structure that can benefit from their commercial loan programs.
Winston Rowe & Associates also has an excellent knowledge based free investor resource for commercial property valuation and analysis located at:
Winston Rowe & Associates
31408 Harper Ave
Saint Clair Shores MI 48082
Winston Rowe & Associates has no upfront fee commercial mortgage loans in the following states.
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, Washington DC, West Virginia, Wisconsin, Wyoming
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Winston Rowe & Associates is a nation wide commercial real estate consulting firm that does not charge upfront fees for commercial loans.