Commercial

Commercial Loans

   Commercial loans have a different approval process than the traditional home loan.  These types of loan have many compensating factors and use debt service ratios to determine loan approval.  These loans, most of the time, require a good faith deposit so the lender can do their due diligence.  This fee is used for the property appraisal, credit report and property analysis.  Depending upon the type of financing you are requesting there may be additional reports and/or analysis required.

     

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