Title: Commercial Land Financing in Texas
1(No Transcript)
2Commercial property finance has numerous
variants, sometimes making it complex difficult
to understand. There are innumerable platforms
out there, each suiting different projects??and
the usual issue is finding out which product best
suits your business needs. Here is our guide to
the more common commercial property finance
products available on the market.
Commercial mortgages
Commercial mortgages are available to a variety
of businesses, from sole proprietors to
LimitedLiability Companies. Lenders will usually
fund up to 7585 of purchase costs with terms of
up to thirty years fixed or 3,5,7 or 10 year
fixed period ARMs. Typically they will secure the
mortgage against a first lien affordability is
based on the profitability of your business, and
its ability to make the monthly payments.
Alternatively you can do stted income and asset
loans where you tell what you make and tax
returns are not needed.
3Portfolio finance
A long-term business loan that is offered to
property investors whove a number of rental
properties. The lender offers the ability to
consolidate borrowing into one loan.
Serviceability of this loan is based on rental
earning.
Property development finance
Property development finance is generally in the
form of a short-term loan that is used for the
development of a new building project, or
restoration of an existing property. Lenders will
look to advance up to 70- 85 percent of the gross
development value, and terms can be up to 24
months.
Bridging finance
Bridging finance is a short-term finance solution
often favored by property developers investors,
which offers a quick way to finance the purchase
of a property. The lender will take a first lien
on your property, and will seek an exit once the
loan has come to term.
4Mezzanine Finance
A little more complicated, this is a hybrid type
of finance that combines elements of debt
financing equity investment??and is secured
against the property. Mezzanine finance usually
helps property developers decrease their cash
flow requirement, allowing them to finance
projects which would usually require a larger
capital share.
Auction Finance
Auction finance is designed for seasoned property
developers landlords. Its a way of arranging
funding in advance of an auction, so you know the
property value type you can finance before you
walk into the auction room. For more information
or if you have any questions on Commercial Land
Financing in Texas feel free to contact
Commercial Loans Of Texas at 8887273057.
5Commercial Loans of Texas 26611 Weir
Way Magnolia,Texas,77355 Ph-888-727-3057,USA Appli
cation_at_Protonmail.com http//commercialloansoftex
as.com/