The rates between a residential and commercial mortgage vary. It's based off of your loan to value and your credit score. It's also based upon if it is a primary residence or an investment property. Please reach out so I can create a custom game plan for your mortgage needs.
Call us for a free quote!800-991-5309
Much more info would be needed.. like a LOT more.. which space is bigger, the commercial space or residential space, what type of business is being run out of the commercial building.. are there or could there be any environmental issues, Is there acreage associated with the property, and if so, how much? What are the borrowers qualification. income, debt, credit scores.... etc, etc, etc.. I could go on and on.. It's impossible to quote a rate without looking at the complete loan profile.. and with commercial, because of the large amount of work involved in putting a quote together.. a lot of lenders wont quote you unless you go through the complete loan application process.. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. William J. Acres, Lender411's number ONE lender in Arizona. 480-287-5714 WilliamAcres.com
Ask our community a question.