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Iris Y Tang
  • Realtor
  • Western MA
3
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13
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Finding fixed-rate Commercial Loan for a 5 - 8 Units Property

Iris Y Tang
  • Realtor
  • Western MA
Posted Jun 13 2021, 19:54

I talked to local banks and they only offer fixed-rate commercial mortgages for 5 years even though the loan is 20 years, and they'll re-evaluate the market after 5 years to determine the new interest rate.

Is there a place where I can get a fixed-rate loan for 20 or 15 year?

Iris Y. Tang, REALTOR®, Green, PSA, e-PRO, SFR

https://youtube.com/user/Iris9800

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