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How much down payment I need to purchase a commercial property,Car Repair Garage? and what will it be the interest rate?

by Roberto Loza from Union, New Jersey. Feb 28th 2011 Reply


Joel Lobb (kentuckyloan)
#3 ranked lender in Kentucky - 192 contributions

You will need to put down probably around 25% down. The rate will be on arm and usually they vary anywhere from 1 to 5 year arms. Rates will probably be around 5-8%NMLS #57916This is just an estimate and not deemed reliable.

Mar 1st 2011
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