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Commercial property tax payments

Commercial 'property tax payments' are the payments you make to pay taxes on your mortgaged commercial property.

When you get a mortgage loan for a commercial property, you always have to make property tax payments. And you also have to make property tax payments when you completely own that property (by paying off your commercial mortgage loan).

Property tax payments can be:

• Added into your regular commercial mortgage loan payments
• Paid totally separately from your regular mortgage loan payments and directly to your local municipality

Word to the wise: when you make property tax payments by adding them to your mortgage loan payments, you're really just paying back your lender who will have already paid your property taxes for you.

Get a commercial mortgage loan today! Fill out the commercial mortgage application.

If you want to get more info about commercial property tax payments, 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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