| The loan shall be
fixed at 5.75% for a period of three years from the date
of closing and then shall adjust to 1.75% above Prime for
the next four years. This rate would be for an A+ loan
since commercial loans are normally priced on a case by
case basis. They are determined by Rent Roll, Loan to
Value, Income and Expenses, and Credit History. If
interested in a Commercial Loan, please enter the Loan
Officer Chat Room for further Clarification. Rates are subject to borrower qualification and are also subject to change. |
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