Posted on Sep,17 2019
by Brenda Sigurdson in Blog
If you are ready to invest in Commercial Real Estate, you need to look into the best way to finance your investment. On the debt side, there are typically only two options available, a Conventional Mortgage or a Hard Money Loan. Below you will find information on the process of these options.
Applying for a conventional mortgage can be a slow and arduous process requiring much documentation. At the other extreme, you might be able to secure a hard-money loan in days without producing copious financial information, especially with a strong asset because they are lending on the property equity and not the borrower’s credentials.
In general, banks and lenders will require you to meet these commercial real estate loan qualifications:
In general, Hard Money Lenders will require you to meet these loan qualifications:
H&O Capital Funding has helped countless real estate buyers, sellers, lessees and lessors achieve their goals. Our legacy is unwavering commitment to the communities we serve. Houlihan & O’Malley Commercial Real Estate Services specializes in four distinct, yet overlapping, areas of business: Commercial Brokerage services, Private Mortgage services, Appraisal Services and Advisory services.
For more information on loans that we offer, visit our website.