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Updated almost 11 years ago,
Commercial RE Loan Terms
I have contacted a bank about a commercial loan but I just wanted to compare it to what some of you guys are seeing.
I'm looking at a strip plaza. LTV would be under 50%. A local bank is telling me 4.5% for 10 years, amortized for 10. Have you seen any banks doing loans for 15 years? How do the rates compare?
Thanks