As you may discover or soon realize that
there are many types and uses for commercial real-estate loans
and each fulfills and serves a unique purpose.
If the wrong loan request is submitted
to the wrong type of lender the chance for approval is slim
to none. Thus, time and money is lost and seeking to obtain
a “YES” can be complicated, frustrating and difficult.
Typically there are two main types of commercial loans, short
term and long term. Short term loans usually have a low LTV
(loan to value) of 60-70%, higher interest rates, interest
only payments and typically are bridge, hard money or construction
loans; which are used to meet short term objectives.
Long term (permanent, take out) loans usually
have a higher LTV (loan to value) of 75-80%, a lower fixed
interest rate, longer payment terms and are use to replace
short term loans (bridge, construction and hard money loans).
Both loan types serve a unique purpose for growth and expansion
for companies, investors and developers to meet project goals.
At Premier Small Business Solutions we deliver the most aggressive
commercial real estate mortgage financing options available.
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Offices |
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Multifamily Apartments |
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Medical Centers |
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Churches |
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Automotive Industries |
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Nursing homes |
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Retail |
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Resorts |
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Assisted Living & |
Congregate
Care |
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Hotels |
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Self Storage |
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Industrial |
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Mobile Home Parks |
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Mixed Use properties |
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Golf Courses |
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Retirement Communities |
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Gas stations |
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Senior Housing |
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Residential Development |
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