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Updated about 3 years ago on . Most recent reply

Ben Smith's profile image
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Ben Smith
  • Investor
  • from Fernandina Beach, Florida
  • Member since Jul 9, 2017
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Ben Smith's profile image
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Ben Smith
  • Investor
  • from Fernandina Beach, Florida
  • Member since Jul 9, 2017
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Ben Smith
  • Investor
  • Fernandina Beach, FL
4
Votes |
23
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Buying & Selling Real Estate

30 Year Financing on a Commercial Loan?

Ben Smith
  • Investor
  • Fernandina Beach, FL
Posted

Does anyone know of a commercial loan product that is amortized over 30 years?

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Andrew Beauchemin's profile image
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Andrew Beauchemin
  • Real Estate Broker
  • from Philadelphia, PA
  • Member since Aug 20, 2014
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Andrew Beauchemin's profile image
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Andrew Beauchemin
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  • from Philadelphia, PA
  • Member since Aug 20, 2014
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Andrew Beauchemin
  • Real Estate Broker
  • Philadelphia, PA
108
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159
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Andrew Beauchemin
  • Real Estate Broker
  • Philadelphia, PA
Replied

@Ben Smith A 30-year amortization is not uncommon for a commercial loan.

The term of the loan may be shorter (typically 5, 7, 10 years), which will have a balloon payment at the end of the term, but the payback structure can still be amortized over 30 years.

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