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Commercial Mortgage Loans

Posted on: 25th Sep, 2009 01:41 am
What are Commercial Mortgage Loans?
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.
Posted on: 25th Sep, 2009 01:59 am
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.
Posted on: 25th Sep, 2009 03:49 am
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
Posted on: 10th Oct, 2009 08:59 pm
you can take help of No-obligation free consultation section in this forum.
Posted on: 11th Oct, 2009 12:58 am
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