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Purchase Mortgages
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home > commercial mortgages > purchase > loan types > fixed rate ![]() Fixed rate commercial purchase mortgagesPurchase your commercial real estate usin' a fixed rate purchase mortgage loan. It'll give you a cost of borrowing that "stays the same" for all of eternity....well, at least for your entire mortgage-term anyway. This is the type of commercial purchase loan that has a mortgage-rate that stays the exact same for your mortgage term's length. So if your purchase loan's mortgage-term is 3 years, and your purchase loan's rate is 5% (yes, 5% is a little fanciful), then you'd get to keep that 5% mortgage rate for your commercial purchase loan, for 3 full years. And if you get to have a rate that stays the same for your commercial purchase loan's entire term, it means you get a 'set cost' of borrowing for your purchase loan's entire term. And that can just smother you with peace of mind. To get more knowledge on fixed rate commercial purchase loans, simply contact one of The Mortgage Store Online's brokers by using the commercial purchase contact form. You can also call them at 1-866-674-0548. Extra info tidbit - for this type of commercial purchase mortgage loan: 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. Read more information about the commercial fixed rate purchase mortgage loan. |
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