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Kari M.
  • Investor
  • St. Cloud, MN
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Commercial loan vs. conventional loan?

Kari M.
  • Investor
  • St. Cloud, MN
Posted Aug 19 2009, 03:01

What's the difference between a commercial loan and a conventional loan...besides interest rate?

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James Hiddle
  • Altus, OK
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James Hiddle
  • Altus, OK
Replied Aug 19 2009, 06:38

Commercial loans are for commercial properties only(5 or more units)where conventional loans are for SFH's or units 4 or less.