Commercial vs Residential Financing In Under 1-Minute
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- เผยแพร่เมื่อ 6 ก.ย. 2024
- When it comes to commercial and residential real estate financing, it is important for investors to understand the differences between the two.
While the loan you may have used for your mortgage is relatively simple and direct, commercial financing can come in various forms.
While residential financing is used for a property that you plan to live in, commercial financing is a bit broader and used for any property you use to earn revenue. This can include anything ranging from apartment buildings, self-storage, retail space, office space, and many more.
The primary differences between commercial and residential financing can be narrowed down to the following: loan source, interest rates, amortization period, borrower qualifications, down payments, fixed versus variable interest rates, and prepayment penalties.
Learn more in our blog below.
terrydalecapital.com/learn/commercial-vs-residential
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Headquartered in Dallas, Texas, Terrydale Capital is a leader in commercial real estate financing. The firm has close relationships with the nation’s top banks, lenders & family offices in the industry allowing them to provide the most competitive financing solutions in the market. Terrydale Capital’s staff has over 80+ years of combined real estate experience and have been directly involved in over 750 closed commercial transactions in all asset types nationwide.
For more information or to sign up for the platform, visit www.terrydalecapital.com