Commercial Real Estate Buying Made Easy With High LTV Mortgages
400Bankers.com, a commercial real estate broker/lender database, has announce that some of their commercial lenders are starting to offer up to 100% financing for commercial real estate acquisitions with debt and equity financing. Last month $17.4 Million in loans were funded up to 100% CLTV with debt financing and $38.7 Million were funded with debt and equity financing. The average interest rate was 7.289% on a 30 year mortgage. Due to high volume of loan applications and high closing ratio,...
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