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Updated about 4 years ago,

Jessica Flint's profile image
Jessica Flint's profile image
Jessica Flint
  • Member since Apr 22, 2020
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43
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9
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Jessica Flint's profile image
Jessica Flint's profile image
Jessica Flint
  • Member since Apr 22, 2020
Connect
Jessica Flint
9
Votes |
43
Posts
General Real Estate Investing

Commercial loan help!

Jessica Flint
Posted

I currently own 5 homes I'm renting.  My file is in underwriting for my commercial/portfolio loan.  I'm putting them all together to free up my conventional loan availability.  Upon, discussing with my lender, I'm learning that the loan is only fixed for first 5 years, then upon successful review, is fixed for another 5 years, and so on.  Is this normal???  I was under the impression it was a 20 fixed loan!

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