Commercial property Purchase Business Premises Or Commercial Property

Different Commercial Mortgage lenders also have different stipulations regarding

how much documentation you'll need to provide--both before and after the loan is closed. You may have to pull docs out of your nose; you may be bound to give quarterly reports after the loan is closed, with penalties including possible default if you fail to do this. Make sure you know all about these stipulations before you sign on any bottom lines. If one lender isn't to your liking, talk to another (once again, using a broker can really streamline this process for you if extra cost is no obstacle to you).

Commercial property Purchase Business Premises Or Commercial Property

By: Bernd Gladding

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