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Commercial Mortgage Loans

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Icon Mini Profile greggwyburn





Joined: 13 Sep 2009

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Post Posted: Fri Sep 25, 2009 1:41 am    Post subject: Commercial Mortgage Loans
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What are Commercial Mortgage Loans?
Icon Mini Profile sara
sara
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Joined: 05 Jul 2006

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Location: New Brunswick, New Jersey
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Post Posted: Fri Sep 25, 2009 1:59 am    Post subject:
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Hi greggwyburn,

A commercial mortgage is more or less same as a residential mortgage. In case of a commercial mortgage, the collateral is a commercial building or other business real estate and not a residential property. Moreover, such mortgages are taken by businesses instead of individual borrowers. In case of commercial mortgages, the borrower can be a limited company, partnership or incorporated business.

Take care.
Icon Mini Profile stevecomish





Joined: 16 Sep 2009

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Post Posted: Fri Sep 25, 2009 3:49 am    Post subject:
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hi,

welcome to the forum,

Commercial mortgage loans are mainly designed for buying property for commercial use. This includes expanding office space, property investments, and property development.it is same as a residential mortgage.
thuythuy

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Post Posted: Sat Oct 10, 2009 8:59 pm    Post subject: community commercial zone
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hi
i buy a single family that house located in community commercial zone in .Could you tell me what loans i can apply for .Thanksssssssss
Icon Mini Profile leeelliot61





Joined: 13 Sep 2009

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Post Posted: Sun Oct 11, 2009 12:58 am    Post subject:
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you can take help of No-obligation free consultation section in this forum.
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