guys i am having doubt that is that true that the interest we get from bank on house loan is different on commericial.
like is it higher on commercial or not
Think of risk. If you were the bank, do you think commercial property or residential property is the riskier bet? I would say commercial. Therefore, I would expect commercial interest rates to be higher than residential.
Higher risk = higher interest rate to compensate for the risk
commercial give us income sir then how it can be riskier i am talking about commercial like multi family