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Updated over 9 years ago,

User Stats

53
Posts
4
Votes
Emily Allen
  • Atlanta, GA
4
Votes |
53
Posts

Do portfolio lenders provide long term fixed rates for commercial properties?

Emily Allen
  • Atlanta, GA
Posted

Hello! Can someone please tell me if it's possible to find portfolio lenders who offer long term fixed rates for commercial properties (specifically, apartments)? I am in Atlanta, GA and I have called 20+ local banks. Everyone I talked to only provides balloon loans for apartments.  I wonder when others talking about making hundreds of calls to find portfolio lenders, do they mean to find a lender to offer fixed rates? Just want to make sure what I'm looking for is realistic...  Any advice would be greatly appreciated!

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