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Purchase Mortgages
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home > commercial mortgages > purchase > loan types > conventional ![]() Conventional commercial purchase mortgagesPurchase your new commercial real estate with a "conventional" mortgage loan. By getting this type of commercial purchase loan, your mortgage 'principal' (the amount of mortgage-money you borrowed) will be really really small. And small principals are super. When you use a conventional mortgage to purchase a commercial property, you have to make a down payment of 25% of that commercial property's purchase price. And yes, that is a significant amount of money to put out. But for your efforts, you'll end up with a tiny mortgage-amount (your "mortgage principal"), and greatly reduce your cost of owning your new commercial real estate. You can pay now, or pay later: and when it comes to purchasing commercial real estate. And it's always wiser and more cost efficient to "pay now." Learn more about up to conventional commercial purchase mortgage loans now! Use the commercial purchase contact form, or call at 1-866-674-0548, to talk to one of The Mortgage Store Online's brokers. Extra info tidbit - for this type of commercial purchase mortgage loan: Amortization for conventional mortgage loans:You can get an amortization of 5-25 years for this type of mortgage loan, whether you use an institutional or private lender. Read more information about the commercial conventional purchase mortgage loan. |
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