Commercial Loan Advice

What does it take to be a landlord?

Wed, 01 Jul 2009 21:28:23 GMT

Tempted to buy a rental property as an investment? Make sure you have what it takes to handle the job of landlord! One of the most common ways to invest in real estate is to buy a house or small apartment building and rent it out. According to the latest American Housing Survey, there are more than 33 million ren...

Thinking of investing in real estate?

Wed, 01 Jul 2009 21:28:23 GMT

Buying a second home as a real estate investment can be very rewarding. But do your homework before you jump into the market. Often investors are attracted to the real estate market because it seems like a sure thing. In the last quarter-century, average home prices in the US have climbed almost every year. But most people ...

Rental property business plan

Wed, 01 Jul 2009 21:28:23 GMT

A well-thought-out business plan is essential when applying for financing to buy rental income property. Optimism is good, but when it comes to buying a rental property, it’s better to be realistic. The promise of what investors call “unearned income” is enticing, but it’s important to be aware of how m...

Starting a home-based business

Wed, 01 Jul 2009 21:28:22 GMT

Owning a home-based business can be great. But there are challenges, too. Make sure you think it through before starting your own. Home-based businesses are a growing part of the corporate landscape -- there are more than 11 million home-based businesses in the U.S. today, according to a recent study by the Independent Insurance...

Small business loans

Wed, 01 Jul 2009 21:28:22 GMT

When shopping for a small business loan, be prepared with a well thought out business plan. Starting a small business or expanding your existing one can be an exciting opportunity. Of course, a key component of any small business plan is financing. But just what do lenders consider when dec...

Commercial Mortgage Primer

Wed, 01 Jul 2009 21:28:22 GMT

FAQs on getting a commercial mortgage or refinance loan. What is the typical amount of paperwork needed for a loan? It varies by lender. Some offer loan programs that eliminate income and asset verification requirements altogether. Can I qualify for a loan...

Commercial Mortgage Loan Documentation

Wed, 01 Jul 2009 21:28:22 GMT

Documents you'll need to complete your commercial mortgage or refinance loan request. To make your loan application process go smoothly, it helps to have the following documents and information available when you begin: Loan and property information - This information will help your...

Building a home office

Wed, 01 Jul 2009 21:28:22 GMT

Want to work in your PJs? Building a home office could be just the thing for you. Imagine no commute to work, no expensive office clothes and good coffee always at your fingertips. That’s possible for the almost 15 million Americans who work from home full- and part-time. Making r...

8 questions to ask when shopping for a commercial mortgage

Wed, 01 Jul 2009 21:28:22 GMT

When shopping for a mortgage or refinance on a commercial property, be sure to ask your lender these 8 questions. Unlike borrowing against your home, financing a commercial property can be a confusing and frustrating experience. There are many borrowing options for commercial real estate buyers and owners. Take ...

7 tips for closing a commercial loan

Wed, 01 Jul 2009 21:28:22 GMT

Follow our 7 tips to help close your commercial loan on time. As you move through the loan process, keep the following tips in mind. These will help you better understand the commercial loan process and help you in closing your loan. As a rule, remember to coll...