Published January 28, 2012
Commercial loans have historically been made foremost to the property, whereas residential loans are made primarily to the borrower. For a commercial loan, the net operating income of the property is foremost in the commercial lender’s mind, then the condition and location of the property. However, since the recession started, the quality of the borrower is just as important as the merits of the property.
It is evidenced in the appraisals, that these two types of loans are quite different. On a commercial loan, the commercial lender orders an ... Read More
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