Posted on 18 January 2010
Even today, in these challenging economic times, there is no shortage of investors, and developers seeking commercial real estate mortgage loans. The problem is lenders are not funding deals like they were just a year or so ago.
If you want to better your chances of securing an approval and closing your deal, bring these things [...]
Tags: Bankers, Commercial, Loans, Looking, Mortgage, Today
Posted on 18 January 2010
The definition of a “Jumbo Mortgage” is a mortgage loan whose total amount is higher than the standard conventional limits. Jumbo loans are simply mortgages for higher-than-normal loan amounts. The gold standard of “normal” in the lending industry is what is called a “conforming, conventional” loan; that is, a loan that conforms to the secondary [...]
Tags: Jumbo, Know, Loans, Mortgage, Should, Things