Which lenders are the best for a commercial loan?
Jul 31, 2009
in
Commercial Mortgage FAQ
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2 comments
robert S on July 31, 2009 at 2:22 pm
If you have to ask this question, probably you are not talking about a sizable project and the kind of lenders I am talking about and they probably would not talk to you. Just for the record, insurance companies have much lower rates and do a lot more such an non-recourse loans (no personal guarantee) etc. However, they usually do not do anything less than $5 million. Insurance companies invest a huge amount of money from their insurance premiums into commercial mortgages. We did business with them and currently their rates are about 1.25% lower than my bank.
Bruce65 on July 31, 2009 at 2:22 pm
Go to c-loans with this link
http://originatortimes.com/banners/abmc.asp?b=52&z=13
you can search the database of lenders to find the right deal for your loan.