Best Commercial Real Estate Loan in Coral Springs, FL
Contact Us
Commercial Real Estate Loans
Commercial real estate loans are meant to support developers to purchase new commercial buildings, renovate income-producing properties, or refinance real estate mortgages on properties they currently own. However, commercial real estate loans are similar to traditional home loans for individuals, but there are a number of significant differences that small business owners may recognize.
Commercial and industrial loans
Commercial and industrial loans are typically short-term tools designed to finance the acquisition or creation of a business. Since these loans are funded by the equity in the form of real estate acquired by a borrower, interest rates are usually lower than many other types of financing.
Multi-Family Loans
A multi-family house is a property with two or four additional housing units located in the same home. For example, a duplex is a popular building type for a two-unit home, usually with a single house in the middle and a separate living area on each side. Investing in a duplex or multi-family house can help you gain stable income, build long-term equity, and, in certain cases, even guarantee that you have a house to settle in, in the immediate future.
Mixed-Use Loans
Many people do not realize that even though mixed-use projects may have a residential component, they are mostly understood to be commercial real estate. This suggests that borrowers planning to use a mortgage to buy such property will need to purchase a commercial loan.
We specialize in Mixed-Use Land Loans at Commercial Real Estate Loan Pros of Fort Lauderdale in Coral Springs. So, whether you are an owner-occupier, a private investor, or an LLC, and if you are buying a Mixed-Use property or would like to refinance your new Mixed-Use loan, please email us. Our dedicated commercial property loan division is here to serve you. One of our competent home loan consultants will be able to find the perfect innovative loan plan to help you achieve your goals.
Construction loans
Construction loans are used to cover the capital and labor costs of building structures such as offices, warehouses, industrial parks, multi-family residential units, and more. Where an undeveloped property has already been purchased, it can be used as collateral for the construction loan (as can the building materials).
Private Money Loans
Private money loans – or simply private money – is a term used to describe a loan given to a person or a corporation by a private entity or even a wealthy individual. The corporation or individual will be referred to as a private money lender.
Hard Money Loan
Hard capital is a way to save without the use of traditional mortgage loans. Loans come from individuals or partners who lend money depending (mostly) on assets that you use as collateral.
They are a type of real estate-backed loan. Hard money loans are referred to as “last choice” loans. These loans are often seen in real estate transactions, with the provider typically being a company or individuals and not a bank.
Knowing what sort of loans are available and how they work can help you make the smartest choice so that you can grow a larger and more profitable company. Contact us at the Commercial Real Estate Loan Pros of Fort Lauderdale in Coral Springs, a specialist is standing by to assist you in finding a loan.
There are so many areas or regions where we offer these services with most of them being cities.
However, if you need any of these services, you need to contact us. The list below comprises the areas where we offer these services.
We service all counties and cities throughout South Florida. However, if you need any of these services in other cities throughout the state of Florida, please contact us. See what services we offer below: