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Updated over 6 years ago on . Most recent reply

User Stats

88
Posts
30
Votes
Mateo Carrera
  • Melrose Park, IL
30
Votes |
88
Posts

Joliet

Mateo Carrera
  • Melrose Park, IL
Posted
Hello everyone I got a quick question can anyone recommend a commercial lender that anyone has worked with got an opportunity w a 9 unit commercial building. And i need to shop around for a loan. Any recommendations ? Joliet Plainfield aurora new Lenox Chicago Key words lol

Most Popular Reply

User Stats

88
Posts
30
Votes
Mateo Carrera
  • Melrose Park, IL
30
Votes |
88
Posts
Mateo Carrera
  • Melrose Park, IL
Replied

Yeah I was actualy able to secure a commercial loan. found a local bank.  5 year balloon  amortization 20 year.  Hair under 5%. 3 points at closing. And mostly based on the asset. Not much interest in me.  Credit was ran like at the end. No aplication fee. 1400$ appraisal ( take for ever mine 3 months just the appraisal ).

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