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23
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Ben Smith
  • Investor
  • Fernandina Beach, FL
4
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23
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30 Year Financing on a Commercial Loan?

Ben Smith
  • Investor
  • Fernandina Beach, FL
Posted

Does anyone know of a commercial loan product that is amortized over 30 years?

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Andrew Beauchemin
  • Real Estate Broker
  • Philadelphia, PA
108
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159
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Andrew Beauchemin
  • Real Estate Broker
  • Philadelphia, PA
Replied

@Ben Smith A 30-year amortization is not uncommon for a commercial loan.

The term of the loan may be shorter (typically 5, 7, 10 years), which will have a balloon payment at the end of the term, but the payback structure can still be amortized over 30 years.

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