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   2010-02-15
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   Business funding Solutions - Commercial Mortgage mortgage Strategies


Business funding Solutions - Commercial Mortgage mortgage Strategies Two of the reasons (business plans and tax returns) will potentially impact all commercial borrowers. This approach, however, will not work for all commercial loans due to a prevailing maximum mortgage of $3 million for typical Stated Income commercial mortgage situations. A common range for an average business plan (prepared to typical bank specifications) is $5,000 to $10,000. In these situations (even if a commercial borrower has favorable tax returns and an adequate business plan), it is not unusual for the business owner to be declined for a [...]
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This entry was posted on Monday, February 15th, 2010 at 12:49 am. Both comments and pings are currently closed.