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Purchase Mortgages
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home > commercial mortgages > purchase > loan types > open 
Open commercial purchase mortgagesUse an open commercial purchase loan to buy commercial property. With this type of commercial purchase loan, you can make prepayments on it or pay it out whenever you want, without having to pay your mortgage lender a fee for doing so. It's nice to know you can go ahead and pay off a chunk of your commercial purchase loan whenever you want to, without being penalized. Open types of purchase loans are a lot more inviting to pay off sooner. (P.S. When you pay off your commercial mortgage sooner, you save money!) Got questions about open commercial purchase mortgage loans?Talk to one of The Mortgage Store Online's brokers. Just use the commercial purchase contact form, or call them at 1-866-674-0548. Extra info tidbit - for this type of commercial purchase mortgage loan: Payments for open mortgage loans:Whether you use an institutional or private lender, you can pay off open mortgage loans with interest only, straight-line principal reduction, and constant payments. Read more information about the commercial open purchase mortgage loan. |
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