A commercial mortgage loan (in contrast with a residential mortgage loan) is secured by a mortgage on a commercial property such as an office building, multifamily apartment complex, industrial warehouse or shopping center. Directly negotiated commercial mortgages ("whole loans", as distinct from securitized CMBS pools) may
Mortgage broker licensing could extend to local banks (BizJournals) Federal legislation that would require the licensing of mortgage brokers appears to have the backing of local brokers and mortgage bankers, but the two groups differ significantly on how the legislation should be written. first franklin mortgage company
08.01.05 CLOC Page 242 of 573 TITLE 15 COMMERCIAL AND CONSUMER TRANSACTIONS Chapter 1. Finance Protection and Procedures Act Section 1. Definitions. a. Mortgage shall mean a contract or other written instrument in which real property or an interest in real property is provided as security for the performance of a duty or the payment of a debt.
Commercial Real Estate Loan. A PNC Commercial Real Estate Loan can help you purchase or refinance your owner-occupied commercial property..
· How Commercial Construction Loans Work Securing a commercial construction loan for various types of commercial real estate can be a difficult process to navigate. This post will shed some light on commercial construction loans and demystify the lending process.
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· If you’re thinking about dabbling in commercial real estate for business or investing purposes, make sure you know the difference between residential and commercial mortgage rates. Commercial mortgage rates are typically about 0.50 percent to 1 percent higher than the prime, 30-year residential mortgage rate.
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DEQ has ordered Duke Energy to excavate all remaining coal ash impoundments in NC which meets the requirements of the Coal Ash Management Act to best protect public health.