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Updated over 6 years ago,

User Stats

1,250
Posts
214
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Mary Jay
  • Glendale, AZ
214
Votes |
1,250
Posts

Pitfalls of commercial loans

Mary Jay
  • Glendale, AZ
Posted

Can you guys please share about commercial loans?

So my understanding its more complicated than residential loans..

1) Debt to service ratio should be more than 1.2...What does it mean?

2) every 5 years interest rate changes?

3) Plus you have to put 25% down...Is there any way around it?

Double check me please if my understanding is correct...

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