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Commercial convertible rate mortgage loan

Get the convertible rate mortgage loan so you can convert/change from having an adjustable mortgage loan rate to having a fixed rate any time you want.

This is a brilliant mortgage loan type! At any point you think the market rate is good during your commercial mortgage loan term, you can lock into a fixed rate for a longer term. And that can be really beneficial.

With a convertible rate mortgage loan, you can use this option of locking into a fixed rate for a long term and bring down your cost of owning commercial real estate. Also, when you use this option you can increase your profit from renting-out or leasing-out or reselling commercial real estate.

Contemplating equity take out?

Get it using a convertible rate mortgage loan. You can lock into a fixed rate for a long term and lower your cost of getting cash out of your commercial real estate.

Craving a line of credit?

You can get one using a convertible rate mortgage loan. Locking into a fixed rate for a longer term can lower your cost of having a line of credit. And make your cost lower than for bank lines of credit.

Choose this mortgage-type for debt consolidation.

When you use this option of fixing your rate for a long term, you can make your commercial mortgage loan payments far lower than your current credit card or loan payments.

Apply for this mortgage now!

Fill out the commercial mortgage application.

Get more information about commercial convertible rate mortgage loans

More information about commercial convertible rate mortgage loans

Down payments for convertible rate mortgage loans:

If you use an institutional lender, you can make down payments on this mortgage loan type that are 5%-75% of your real estate's value. Or if you use a private lender, you can make down payments on this type of mortgage loan that are 0%-75% of your real estate's value.

Terms for convertible rate mortgage loans:

You can get this mortgage loan type for short terms (usually 6months to 1 year) if you use an institutional lender. Or you can get this mortgage loan type of mortgage loan for short terms (6 months to 5 years) or long terms (6 years to 18 years) if you use a private lender.

Amortizations for convertible rate mortgage loans:

You can get amortizations for convertible rate mortgage loans that are anywhere from 5 years to 25 years, whether you use an institutional or private lender.

Payments for convertible rate mortgage loans:

Whether you use an institutional lender or a private lender, you can pay off this type of mortgage loan with interest only payments, straight-line principal reduction payments or constant payments, with constant payments being the most common.

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Want some mortgage loan terms' definitions? Peek at the mortgage glossary.

Have questions about convertible rate mortgage loans? Contact The Mortgage Store Online's brokers by using the contact form or by calling them at 1-866-674-0548.

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