Commercial Finance Advisors is pleased to announce it completed a small commercial mortgage on a property in Chicago Illinois. Loan amount was $421,000. Program was a 5 year fixed, 30 year amortization. The rate was in the mid 7%’s.
Small commercial loan program information: http://www.cfa-commercial.com/small-commercial-loans.html
“This was a classic mixed use property with retail on the first floor and office on the second and third floor. The borrowers business occupies the retail section, the rest is leased out.” Say Jeff Rauth President. “The borrower’s loan had ballooned, what they liked about the program was that it had very low costs on the loan. With this particular bank, they pay for the title and appraisal, so the cost of the small commercial mortgage are minimal.”
Commercial Mortgage Broker Store: http://www.cfa-commercial.com/store.html
Link to Commercial Mortgage Lender List: http://cfa-commercial.com/commercial-mortgage-links.html
Commercial Finance Advisors is a national commercial mortgage broker that works with both businesses and investors on commercial real estate loans from $400,000 – $5,000,000, nationwide.
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