Commercial Mortgage

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Sam
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Sam

Joined: 21 May 2005

Posts: 198
Location: CALIFORNIA

92.34 Dollars($)

Posted: Wed Mar 02, 2005 2:54 am Post subject: Commercial Mortgage

A commercial mortgage is a loan taken against any collateral other than a residential property. The process of obtaining a commercial mortgage is the same as that of an ordinary mortgage. The collateral in this case can be any one of the following: Non-residential property Non-farm property Business site Factory Business equipment Inventory Heavy machinery Shops, etc.

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