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Updated over 3 years ago,

User Stats

13
Posts
3
Votes
Iris Y Tang
  • Realtor
  • Western MA
3
Votes |
13
Posts

Finding fixed-rate Commercial Loan for a 5 - 8 Units Property

Iris Y Tang
  • Realtor
  • Western MA
Posted

I talked to local banks and they only offer fixed-rate commercial mortgages for 5 years even though the loan is 20 years, and they'll re-evaluate the market after 5 years to determine the new interest rate.

Is there a place where I can get a fixed-rate loan for 20 or 15 year?

Iris Y. Tang, REALTOR®, Green, PSA, e-PRO, SFR

https://youtube.com/user/Iris9800

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