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Updated over 7 years ago,

Seetha G's profile image
Seetha G's profile image
Seetha G
  • Rental Property Investor
  • from SFO, CA
  • Member since Feb 5, 2013
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User Stats

80
Posts
18
Votes
Seetha G's profile image
Seetha G's profile image
Seetha G
  • Rental Property Investor
  • from SFO, CA
  • Member since Feb 5, 2013
Connect
Seetha G
  • Rental Property Investor
  • SFO, CA
18
Votes |
80
Posts
Multi-Family and Apartment Investing

Multifamily - Commercial Lending Process

Seetha G
  • Rental Property Investor
  • SFO, CA
Posted

Hello All

As you all know for a residential property we provide pre-approval for loan along with the offer. 

Will that be same for Commercial properties too? Is pre approval letter mandatory? 

Does commercial lender look into buffer funds in addition to 25% down + closing costs? Or is the loan granted purely based on property performance?

Thanks!

Seetha.

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