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Commercial Real Estate Buying Made Easy With High LTV Mortgages |
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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, borrowers have been quoted interest rate up to 0.75%
below national average interest rate. Average closing costs have been
decreased to $4,600 for commercial real estate loans of $1 Million or
less. To learn more about 400Bankers.com go to http://www.400bankers.com
About 400Bankers.Com
400Bankers.com (http://www.400bankers.com
) is a national and international commercial mortgage loan bankers
network for real estate projects between $200,000 and $10,000,000,000.
400Bankers.com has over four hundred lenders and private investors in
it??™s network. The network consists of commercial loan experts who are
unmatched in efficiency and financing terms.
Media contact
Jen Peterson
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
This email address is being protected from spam bots, you need Javascript enabled to view it
http://www.400bankers.com
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Last Updated ( Saturday, 05 May 2007 )
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