commercial loan for 3 family

[Robert Granara]

im refinancing out of a hard money loan into a commercial loan bc i have many mortgages and dont want to wait the 6 months seasoning required by most mortgage banks...this is my first commercial loan

i just sent a packet in for revirew to a large commercial bank in boston...they even came and met me at the property to be refinanced... the lender liked what i did with the place and likes the #'s...

he sent be a pre approval letter based on a $3,000 deposit...i almost felll off my chair...i have never put down anything close to this amount for my residential loans or refi's ...is this common in the commercial lending marketplace?