Commercial financing allows for up to 70% LTV (loan-to-value). In order to qualify for commercial financing, the property must either be purchased in the name of a company or the primary borrower must qualify as a real estate investor (someone who owns more than three properties). Commercial financing structures, while allowing for greater financing in some instances, have higher rates, shorter terms, and only variable rate structures.
How much can you borrow for commercial borrowing?
Published March 22, 2023 by Travis
By Travis|2023-03-22T05:05:18+00:00March 22nd, 2023||
About the Author: Travis
Comments are closed.