Have the standards for securing a Commercial Loan changed as the home mortgage loans?

jason asked:


Is it going to be more difficult to secure a 800K Commercial Building loan than say 6 months ago? I will be in the market for that kind of loan in the next week or two and haven’t a feel for the market right now.

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Tags: Commercial Loan, Commercial Mortgage, Loan Mortgage

This entry was posted on Sunday, November 16th, 2008 at 3:45 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Have the standards for securing a Commercial Loan changed as the home mortgage loans?”

1. unisberkensap Says:
   November 16th, 2008 at 2:41 pm

   Commercial loans have not taken the same hits as residential. Underwriting for residential loans had become beyond ridiculous allowing everyone to get a loan, whether they could make the payments or not.

   Commercial lending has been constant in its criteria, thus it has remained stable.

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