home > commercial mortgages > purchase > articles > get biggest property

How to purchase the biggest commercial property - with a mortgage loan

This is an article that will let you know how to purchase the biggest commercial property you can with a commercial mortgage-loan.

In order to purchase the biggest commercial property you can using a mortgage-loan - you gotta pick a type of commercial purchase loan that gives you the "most for your dollar." So what are those types? The short term, the adjustable rate and the closed commercial mortgage loans.

Short term commercial purchase mortgage loan

By choosin' a "short term commercial purchase loan" - you can get a bigger commercial property for your money.

A short term commercial purchase mortgage loan has a lower rate than most types of purchase loans. Which means - when you go to get a short term mortgage loan, you might find your payment quote (that the broker gives you) is way smaller than your current rent payments might be.

Sure, if you find out your commercial purchase mortgage loan payments are way less than you anticipated - you could opt to just benefit from saving money each month by only having to make teeny purchase loan payments. But, there's another option!

If you realize that you could make higher purchase-loan payments than your mortgage broker quotes you - then you could choose to make bigger mortgage payments. And that would mean you could get a bigger commercial purchase loan, and as a result, a bigger commercial property. A bigger commercial property!

So talk to one of The Mortgage Store Online's brokers today about getting a bigger commercial property than you thought you could, with a short term commercial purchase mortgage loan.

Adjustable rate commercial purchase mortgage loan

If you choose the "adjustable rate commercial purchase loan" as your mortgage-type, it will give you the most for your dollar. How?

An adjustable rate purchase mortgage loan has a lower rate than all other types of purchase loans. And by getting a lower rate - it means that your mortgage loan-payments will be lower. So what?

When you go to get a commercial purchase mortgage loan, and you find out your payments can be lower, that's a good thing all by itself. But wait, it gets better. When you're initially getting your commercial purchase mortgage, and you find out your payments can be low, and you know you can afford to pay higher payments - that's when the fun begins. It means...are you ready?....you can get a BIGGER purchase loan.

And the bigger the purchase mortgage loan you can afford - the BIGGER THE COMMERCIAL PROPERTY YOU CAN PURCHASE!! (sorry for yelling - but it's just so exciting!).

Anyhoo, choose to try to get an adjustable rate commercial purchase loan - and talk to one of The Mortgage Store Online's brokers today, about how to get the 'most commercial property' for your dollar with an adjustable rate commercial purchase mortgage loan.

Closed commercial purchase mortgage loan

If you opt to get a "closed commercial purchase loan" you can get a commercial property that's bigger. Wow. How?

A closed commercial purchase mortgage loan has a lower rate than it's opposite, the 'open commercial purchase loan.' All "open" means is that you could pay-off chunks of your commercial purchase-loan, or completely pay it out 'for free.' So all "closed" means is that you'd have to pay a "fee" if you suddenly had the urge to pay-off your purchase mortgage loan before your mortgage term was over.

So by choosing a closed commercial purchase mortgage loan over an open one, you can get a lower loan rate. And when you find out from your broker how much smaller that low-rate makes your future 'loan-payments' - you might realize that you can afford to pay more.

For example, if you know you could make mortgage loan payments that equal $1000 a month, and the broker tells you, because of the low rate of a closed loan, that you can get commercial purchase loan payments that are only $800 a month - you'll realize that since you're able to pay a thousand bucks a month, that you could get a bigger commercial purchase loan by paying mortgage-loan-payments of $1000 bucks a month.

And with a bigger commercial purchase loan - you can get a bigger commercial property. Talk to one of The Mortgage Store Online's brokers today about getting the biggest commercial you can with a closed commercial purchase mortgage loan.

Want to learn more about commercial purchase mortgage-loans? Contact The Mortgage Store Online's brokers by using the commercial purchase contact form or calling them at 1-866-674-0548.

<< return to commercial purchase mortgage loan articles