Where can I get the lowest interest rate on a commercial mortgage?
November 4, 2007
I need to borrow $ 700000 trade relations on a new bldg. He estimated at $ 1.2 million, My fund is perfect. Where can I get the best interest rate?
November 4, 2007
I need to borrow $ 700000 trade relations on a new bldg. He estimated at $ 1.2 million, My fund is perfect. Where can I get the best interest rate?
You can shop around on your own or you can get a mortgage broker to do it for you.
Mortgage brokers have a lot of contacts. They should be able to find you one.
Van is right, get a mortgage broker unless you have a good relationship with your bank - sometimes that relationship is worth a few points and/or they will waive closing costs. If you use a broker, make sure they have lots of experience with Commercial and JUMBO loans.
What kind of commercial building, office?
try Choice Finance,