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Commercial Property
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Commercial Land- The Asset That Lenders Forgot
My home loan is at 6% and you are telling me that a lender wants over 10% for a land loan? The loan is made to the borrower, not the property. Commercial real estate makes great security for a lender because it produces income that can make the loan payments until the property is sold, in the event the borrower defaults. Not so, land.
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Commercial Real Estate- Encouraging Business Professionals
Commercial real estate allocate large amount of fund to the entrepreneurs to carry out their business dreams. This loan scheme is secured in nature. The rate of interest is lower and allocates the same privileges to both good and bad credit history holders.
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