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home > commercial mortgages > rates > articles > types of loans > fixed Commercial fixed rate mortgage loanThe fixed rate mortgage loan have a rate that stays the same for your entire commercial mortgage loan term. A fixed rate will make your cost of borrowing constant. And that's a fantastic thing. With a constant cost of borrowing from my fixed rate, you can have peace of mind while becoming an owner of commercial real estate. Constant borrowing costs also help you sit back and relax while you make cash from renting or leasing commercial real estate, or develop it for resale. Fixated on getting equity take out?A fixed rate will give you cash from your commercial real estate without worry of inconstant borrowing costs. Forging for a line of credit?A fixed rate mortgage will get you one at a constant cost, which isn't always possible with bank lines of credit. Finally ready for debt consolidation?A fixed rate can make your commercial mortgage loan payments regular, just like credit card or loan payments. Get a fixed rate mortgage loan now!Fill out the commercial mortgage application. Get more information about commercial fixed rate mortgage loans More information about commercial fixed rate mortgage loansDown payments for fixed rate mortgage loans:For a fixed rate mortgage loan, you can make down payments from 0%-75% of your real estate's value, whether you use institutional or private lenders. Terms for fixed rate mortgage loans:Using an institutional lender? Then for this mortgage loan type, you can get short terms (6 months to 5 years) and long terms (6 years to 18 years) - with a 5 year term length being the most common. Using a private lender? Then for this mortgage loan type, you can get short and long terms. Amortization for fixed rate mortgage loans:The amortizations you can get for a fixed rate mortgage loan can be anywhere from 5 years to 25 years, whether you're using an institutional or private lender. 25 years is the most common amortization length if you're using an institutional lender. Payments for fixed rate mortgage loans:If you use an institutional lender, you can pay this type of mortgage loan off with constant payments only. But if you use a private lender, you can pay this type of mortgage loan off with interest only payments, straight-line principal reduction payments and constant payments. Need definitions of some mortgage loan terms? See the mortgage glossary. If you would like to know more about commercial fixed rate mortgage loans, simply contact The Mortgage Store Online's brokers by using the contact form or by calling them at 1-866-674-0548. << return to types of mortgage loans articles |
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