Updated over 4 years ago on . Most recent reply
Commercial loan rates
Hi everyone !
I currently only own 2 family properties purchased with a traditional mortgage. I am curious how the loans work for purchasing a larger (6 unit) property . What are the typical down payment percentages and loan terms ? I am in Nys if that helps.
Thank you !
Most Popular Reply
@Kristen P. I know of some great small balance commercial programs right now going up to 75%/80% LTV with 30 year fixed terms in the 5s. (no balloon, no adjustments)
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