Updated about 7 years ago on . Most recent reply

Shorter Amortization Schedule for Longer Fixed-Rate Period?
I'm curious if anyone has experience regarding commercial loans that have shorter amortization schedules (ex less than 20 years). Are smaller banks willing to extend the fixed rate period in "exchange" for a shorter amortization schedule?
So for example, rather than having a 7-year fixed commercial loan on a 30-year amortization schedule, are banks willing to simply do a 15-year fixed commercial loan on a 15-year amortization schedule?
Or is this not really a thing and I'm simply letting my spreadsheet-inclined mind wander?