Commercial Loans are available whether you are purchasing a property or refinance an existing loan. The property income and expense and loan to value ratio will determine the loan amount, rate, and terms a lender will be willing to finance. Commercial Residential Property types are 5 units and up, mix-used properties, Office Buildings, Strip Malls, Hotels, Motels, Industrial and Warehouse Buildings, Self-Storage Facilities, 1-4 family Investor Properties, Medical and Health Care Facilities, Houses of Worship.
RMC can broker loans with the following terms and amortization:
Fixed interest rates, 15-, 20-, 25- or 30-year loans.
Adjustable Rates, 3+, 5+, 7+ with amortization over 25 or 30 years.
Balloon 10 year fixed, with amortization over 25 or 30 years.
Construction loans, short term, interest only
Construction to Permanent Loan