Comments on: Commercial Property Loan: How To Get It Approved? http://www.edemocracysymposium.org/commercial-property-loan-how-to-get-it-approved.cfm Property and Realestate Investment Resources Fri, 28 Jan 2011 23:22:32 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: Frida Smith http://www.edemocracysymposium.org/commercial-property-loan-how-to-get-it-approved.cfm/comment-page-1#comment-4039 Frida Smith Wed, 07 Apr 2010 05:39:49 +0000 http://www.edemocracysymposium.org/?p=750#comment-4039 Hi! It's obvious that if one has to Invest for property like residential or investment property mortgage loan there must be good credit record. In my view mortgage loan is quite better as it provides remaining amount of purchase price after 30 to 45 percent of down payment. As property generates revenue the Debtor can come out of his debts by repaying loan. One has to select a particular kind of loan according to there requirement. http://debt-consolidationloan.org/ Hi! It’s obvious that if one has to Invest for property like residential or investment property mortgage loan there must be good credit record. In my view mortgage loan is quite better as it provides remaining amount of purchase price after 30 to 45 percent of down payment. As property generates revenue the Debtor can come out of his debts by repaying loan. One has to select a particular kind of loan according to there requirement.
http://debt-consolidationloan.org/

]]> By: 723 http://www.edemocracysymposium.org/commercial-property-loan-how-to-get-it-approved.cfm/comment-page-1#comment-3766 723 Sat, 12 Jan 2008 17:04:36 +0000 http://www.edemocracysymposium.org/?p=750#comment-3766 They are different types of loans available out there. Most of them are dependant of you personal financial situation. The best way to really find out what is available to you is to stop by several mortgage places and evaluate what they have to offer -J They are different types of loans available out there. Most of them are dependant of you personal financial situation. The best way to really find out what is available to you is to stop by several mortgage places and evaluate what they have to offer

-J

]]> By: time4mel http://www.edemocracysymposium.org/commercial-property-loan-how-to-get-it-approved.cfm/comment-page-1#comment-3764 time4mel Sat, 12 Jan 2008 15:02:47 +0000 http://www.edemocracysymposium.org/?p=750#comment-3764 Our bank even offers 100% loans on Investment Properties. They are a little more difficult to qualify for, but they are there. Also, the interest rates start going up after the 80% mark, so if you are looking for a "cash flow" property, the 100% loans may not work well for you. It depends on what area you are in and how much you are buying the house for. If you are looking to flip the property in a short time, then who cares about the rate. Just get in, get out and take your profit. Thanks, Greg Our bank even offers 100% loans on Investment Properties.

They are a little more difficult to qualify for, but they are there.

Also, the interest rates start going up after the 80% mark, so if you are looking for a "cash flow" property, the 100% loans may not work well for you. It depends on what area you are in and how much you are buying the house for.

If you are looking to flip the property in a short time, then who cares about the rate. Just get in, get out and take your profit.

Thanks,
Greg

]]> By: sweeetj99 http://www.edemocracysymposium.org/commercial-property-loan-how-to-get-it-approved.cfm/comment-page-1#comment-3765 sweeetj99 Thu, 10 Jan 2008 03:22:11 +0000 http://www.edemocracysymposium.org/?p=750#comment-3765 By: YouWish http://www.edemocracysymposium.org/commercial-property-loan-how-to-get-it-approved.cfm/comment-page-1#comment-3763 YouWish Wed, 09 Jan 2008 14:01:49 +0000 http://www.edemocracysymposium.org/?p=750#comment-3763 None do at the moment, you need 30%. None do at the moment, you need 30%.

]]> By: real80sgirl http://www.edemocracysymposium.org/commercial-property-loan-how-to-get-it-approved.cfm/comment-page-1#comment-3762 real80sgirl Wed, 09 Jan 2008 13:35:33 +0000 http://www.edemocracysymposium.org/?p=750#comment-3762 "no-doc" means no documentation. If it is a true "no-doc" loan, the lender will not verify income, assets(you still need money down), or employment. You need pretty good credit for these programs and there is usually an adjustment to the rate. "no-doc" means no documentation. If it is a true "no-doc" loan, the lender will not verify income, assets(you still need money down), or employment. You need pretty good credit for these programs and there is usually an adjustment to the rate.

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