Tag: <span>Commercial Loans</span>

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RESIDENTIAL OR COMMERCIAL LOANS ON INVESTMENT PROPERTIES

We can broker residential or commercial loans on investment properties. If you are buying a 1-4 unit home, you would apply for a residential loan. If you are applying for a 5+ unit property, you would apply for a commercial loan. If you are applying for a residential investment property, plan on making a minimum...

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FEDERAL RATE INCREASE: EFFECT ON COMMERCIAL LOANS

As expected, the Federal Reserve’s Open Market Committee (FOMC) raised the target range for the federal funds at the most recent Dec. meeting. The rate rose 25 bps to a 1.25-1.50% range, with the move the Fed has now hiked the Fed Funds rate 3 times this past year and five times since they started...