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Kinds of commercial purchase loans that give you low mortgage payments

This article will tell you about the kinds of commercial purchase mortgage loans that can give you lower mortgage-payments other kinds.

The kinds of purchase mortgage loans that can give lower payments include the interest only loan, the adjustable rate loan, the short term loan, the 30-35 yr amortization loan, or a combo of all of these loan types.

Interest Only payment commercial purchase mortgage loan

If you get an interest only payment commercial purchase loan - your mortgage payments can be itsy-bitsy.

When you get an interest only payment purchase loan - you only have to pay interest on that commercial purchase mortgage loan each time you make a payment. What's interest? Interest is the percentage you're charged on the amount of mortgage-money you borrowed from your mortgage lender. Say it's 6% - so each year you're charged 6% on the mortgage-amount you haven't paid back yet.

By having an interest-only purchase mortgage loan - you'll only have to pay that 6% you're charged on your mortgage-amount in 12 small pieces: one payment a month. With a commercial purchase loan that has 'regular payments,' you'd have to pay interest each month and pay back a chunk of your mortgage-amount each month as well.

So when you get a commercial purchase mortgage loan, get the "interest only" kind - to get crazy-low mortgage payments.

Apply now! Fill out the commercial mortgage application.

Adjustable rate commercial purchase mortgage loan

This kind of commercial purchase mortgage loan can give you low mortgage payments cause it has the lowest existing mortgage-rate.

But fixed rates (which are the opposite of adjustable rates) are always higher than adjustable mortgage rates.

So when you get an adjustable rate commercial purchase loan instead of a fixed rate mortgage loan, your rate will be the lowest it can be, and therefore your mortgage-payments will be the lowest they can be.

Get your commercial purchase loan today: just fill out the mortgage application.

Short term commercial purchase mortgage loan

If you get the short term purchase mortgage loan for your commercial real estate - you'll get a lower rate than you would with a purchase mortgage loan that has a longer term.

How short should the term of your purchase mortgage-loan be? Either one year, 3 years or five years. And yes, a one year term will give you a lower rate than a 3 year term. And following the same train-of-thought, a 3 year term will give you a lower rate than a 5 year term length. But a five year term length is still considered short, and will still give you low mortgage-rate.

Anyhoo, when you choose to get a short term commercial purchase loan - your rate will be lower than with a long term mortgage loan. Therefore, your mortgage-payments on a short term commercial purchase loan will be lower than your payments would be on a long term loan.

Apply online now, for a commercial purchase loan!

30-35 year amortization commercial purchase mortgage loan

Choose to get a 30-35 year amortization commercial purchase loan - and have your mortgage payments be microscopic.

A longer amortization means that you have longer to completely pay-off your commercial purchase mortgage loan. And 30-35 year amortizations are as long as they come.

So by getting say, a 35 year amortization commercial purchase loan, you'll get to make smaller mortgage payments than you would on a 25 year amortization purchase mortgage loan.

So when you're getting a commercial purchase loan - to get low mortgage-payments, make your amortization a lengthy ordeal.

Apply for a commercial purchase mortgage today!

Combo of all of the above

Although it's not always possible, depending on your commercial purchase situation, you could get lovely low rates by getting this kind of commercial purchase loan "combo:"

An "adjustable rate" "short term" "35 yr amortization" "interest-only payment" - commercial purchase mortgage-loan.(!)

With this kind of commercial purchase mortgage loan, you would have a rate that's adjustable (so the lowest rate known to mankind). And you'd have a term of 1-5 years in length. And you wouldn't pay-off your commercial purchase loan before 35 years. And you'd only be paying interest on your loan for however long your term length is.

Talk to one of The Mortgage Store Online's broker's today about getting a commercial purchase mortgage loan that will give you low mortgage-payments!

Get a commercial purchase mortgage-loan: you can apply online!

If you want to find out more info on commercial purchase mortgage loan topics, contact The Mortgage Store Online's brokers by using the commercial purchase contact form or by calling them at 1-866-674-0548.

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