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Can we get a residential loan for a 5 unit property. – 07-03-2008 · We found a property we like, however the commercial rates are very different than residential. The property consists of one two unit and one three unit on the same lot. I was wondering if we could take out a different loan on each dwelling to avoid getting a commercial loan. Both dwellings have the same address.
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Commercial real estate loan rates remain at near all time lows, making now a great time for small business owners to purchase or refinance commercial property. A variety of different lenders make commercial real estate loans. This article covers how commercial real estate loan rates work and the interest rates that different types of lenders charge, so you can be a more informed borrower.
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