Commercial loans from seven hundred different lenders can be obtained by completing this short commercial mortgage mini-app. Click here to apply.
Commercial real estate loans are a type of commercial financing. A property is usually considered commercial real estate if the property is other than vacant land, a single family residence, a duplex, a triplex, or a four-plex. A loan on a five-unit apartment building will usually come from a commercial real estate lender, even though such a property is more precisely known as a multi-family project or a residential income property. In other words, all multi-family loans are considered to be commercial real estate loans, but not all commercial real estate loans are multi-family loans.
What if the property consists of a single apartment unit over a storefront? Is this a commercial property or a residential property? After all, there is only one living unit. This kind of property is known as a mixed use property. A mixed use property is considered to be a commercial property and you would go to a commercial real estate lender to get a commercial real estate loan on such a property.
What is C-Loans? It's a FREE commercial mortgage lender databank. 700 commercial mortgage lenders and commercial construction lenders await your loan application. These are direct commercial lenders, not brokers, so you deal directly with the lender. You fill out one very short commercial loan mini-app. The system then sorts through hundreds of commercial mortgage financing programs - including permanent first mortgage loans, construction loans, SBA loans, and bridge loans - and suggests the most suitable forty commercial lenders. You compare rates, choose four, and click once to submit to all four lenders. Within minutes hungry commercial lenders will be chasing you. And C-Loans is totally free.
Commercial loans from seven hundred different lenders can be obtained by completing this short commercial mortgage mini-app. Click here to apply.