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What is a commercial real estate loan and how do I qualify for one?

2 years 10 months ago
Virtually everyone has at least a glancing familiarity with the residential mortgage process. What is much less well-understood, however, is the process for financing the purchase of a commercial building. With that in mind, let’s take a closer look at how these loans work and what you need to do to successfully acquire one. Understanding commercial real estate lending The Commercial Real Estate Loan (CRE) is a mortgage secured by a lien on a commercial property. Common forms of commercial properties…
Jennifer Perkins