Texas Commercial Mortgage – Apartment Loans Houston TX, commercial mortgage loans.#Commercial #mortgage #loans


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Texas Commercial Mortgage is a national commercial mortgage banking firm specializing in commercial real estate loans, multifamily lending, apartment loans, consultation, and advisory services. The company’s primary service is sourcing and originating first lien (senior) mortgages for developers, owners and investors looking to refinance or for those in need of acquisition financing. Finding the right loan for your property which includes procuring the highest amount of leverage at the lowest interest rate is what Texas Commercial Mortgage does best. The commercial real estate lending industry is profoundly fragmented and complex with new and old participants entering and exiting the market on any given day. Because of our expertise, exceptional knowledge and daily interaction with local and national lenders you can be assured that Texas Commercial Mortgage will procure the most creative and most competitive loan terms available in the market.

Commercial Loans and Mortgage Banking

Professional Services

Searching for a commercial real estate loan and dealing directly with a bank or lender can be an unpleasant experience and extremely frustrating, therefore it is often prudent for a property owner or investor to delegate this side of the transaction to an expert. Texas Commercial Mortgage is more than just a commercial mortgage banking firm or your average financial intermediary. We are committed to the highest level of service and believe that we have a fiduciary responsibility to place the borrower’s interest above the interests of the lender or anyone affiliated with our company.

In addition to apartment loans and multifamily financing, Texas Commercial Mortgage provides the following custom-tailored professional services:

  • Debt Equity Placement
  • Advisory Consultation
  • Financial Modeling Cash Flow Analysis
  • Real Estate Brokerage
  • Loan due diligence, underwriting and processing
  • Financial Transactional Analysis
  • Entity Partnership Structuring
  • Property Asset Valuation
  • Net Worth, Liquidity Credit Analysis
  • Expert Witness Testimony Litigation Settlement

Commercial mortgage loans


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Commercial Property Loan Calculator

This tool figures payments on a commercial property, offering payment amounts for P & I, Interest-Only and Balloon repayments along with providing a monthly amortization schedule.

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What You Need to Know About Commercial Property Financing

Obtaining a business real estate advance is a lot more difficult than getting a home advance, and you need to be prepared for a grueling process that has many twists and turns – and sometimes a surprise ending.

If you’ve never applied for a business advance before, you may be surprised by how picky commercial lenders can be. And then you have to consider how risky the process can be for you personally. In the event that your commercial lender turns you down at the last minute after the wheels have already started to turn, you might even have to declare bankruptcy.

You’ll need to pay appraisal fees and toxic report costs, and these don’t come cheap. If you are turned down and need to start a new application, you may have to pay for all of these third-party reports again. To make the game even riskier, there are many impostors masquerading as direct commercial lenders, and they are only interested in ripping you off to collect the exorbitant application fees.

In order to avoid a series of missteps that could land you in hot water, it’s best to understand the specific steps of obtaining a business real estate loan before you start looking for a suitable lender.

Firstly, it’s important to understand one of the fundamental differences between commercial property loans and residential mortgages. While home loans are typically backed by a government entity like Fannie Mae or Freddie Mac, loans for business properties are not.

As a result, the lenders charge higher interest rates and are hungry for lots of assurance.

Some lenders will go so far as to evaluate the borrower’s business model, as well as the commercial building that will serve as collateral. Don’t go into a commercial real estate lender’s office with the same expectations as you would when you’re applying for an advance secured against your primary residence. It’s a different ball game.

Commercial mortgage calculator

Meeting The Loan Repayment Terms

In the world of business real estate financing, lenders expect the borrower to repay the entire business advance earlier than the due date. They do this by including a balloon repayment stipulation. This means that the borrower pays on his 30-year mortgage as usual for a few years with principal and interest payments, and then he ll have to pay off the entire balance in one fell swoop, or one balloon payment.

But a balloon loan could be a recipe for disaster, especially if the borrower is not ready when the balloon payment comes due (usually after 3, 5, or 10 years). If this is the case, the borrower must refinance the advance. Remember that the lender is keeping one eye on the borrower’s business and cash flow. If it appears to the lender that the business is not doing well in the years leading up to the balloon payment, the lender may jack up the interest rate or flat out refuse to refinance. The prospect of the realty going into foreclosure is always a concern with balloon loans.

How Long Does It Take?

You should receive a preliminary answer or pre-approval the same day or the next business day, but this doesn’t guarantee that your loan will be approved. The lender needs 10 to 20 additional business days to run detailed financial reports and in-depth credit checks.

The loan is then scrutinized by underwriters, and these are seriously picky people. They want to meet you (and sometimes your business associates) before deciding if they should lend you money. Once the loan application has gained the approval of the underwriter, you just hammer out the terms and sign on the dotted line. Although many lenders boast that they can push a business loan through in 45 days or less, it usually takes closer to three months.

The Required Documents

Even before you apply for the advance, inquire about the necessary documentation. Some small businesses lack the kind of income documentation required for business lending, so it would be a waste of time to start the process in the face of insurmountable roadblocks.

Business property financiers need to see the last 3 to 5 years of tax returns and financial statements, including:

  • Corporate documents
  • Asset statements
  • Leases
  • Personal financial records

The more documentation required, the longer the advance approval process will take.

Watch Out For Hidden Costs

Don’t be fooled by a low interest rate if there are too many fees involved, including but not limited to legal fees, application fees, appraisal fees, and survey charges. It may seem confusing at times, but remember that points are percentages that the lender pockets off the top. If your interest rate is 9 percent with two points, the real cost of borrowing the money is 11 percent.

In some instances, these charges and hidden fees can add up to tens of thousands of dollars, so you need to find out if it’s likely you’ll be approved before you drop a small fortune on the application fees.

Banks vs. Non-Bank Lenders

Non-bank lenders (such as silent investors, for example) are usually less strict about their eligibility requirements, and many are willing to loan you money without including the early balloon repayment stipulation. In reality, these loans are just like home advances in that they offer you a steady repayment plan spread out over 20 or 30 years. However, they do carry slightly higher interest rates.

There are some other disadvantages to non-bank commercial property borrowing, namely the high expectations of the lender. If you don’t generate an anticipated profit, a nervous private lender may pull the plug on your funding. Until he sees a return on his investment, he may even start taking possession of items you posted as collateral.

The obvious advantage of obtaining your loan through a traditional bank is the rigorous reporting system it offers. If you make all your payments on time, your bank reports will reflect that. In turn, this will increase your credit rating and make it easier for you to qualify for loans in the future.

Top Tips For Business Property Borrowers

Here are the top tips for getting the most out of your commercial property loan:

1. Shop Around

Don’t rely on a single commercial lender. Instead, contact at least three different lenders. business lending is very subjective, meaning your eligibility is determined by someone who may or may not be fair. The more options you have, including both banks and non-bank lenders, the more likely you are to get approved.

2. Beware of Charlatans

Why would anyone pretend to be a direct commercial lender? To steal your application fees, of course! There are con men lurking everywhere, and the slick business real estate lenders who greet you with a contract in one hand and a pen in the other are to be avoided.

3. Be Prepared For a Long Wait

Commercial lenders, like home contractors, always exaggerate how quickly the work will get done. In fact, you can expect a three-month processing period, no matter what the lender promises.

4. Toxic Reports

You’ll have to provide a toxic report to the potential lender if you default on your payments and the lender forecloses on your land. After all, the lender is responsible for any cleanup costs if the property is contaminated – unless the lender first gets a Level 1 toxic report to keep on file.

5. Lenders Must Order The Appraisal

Never let a mortgage broker talk you into letting him order the appraisal. Only the lender can do that, or by law, the bank won’t be able to accept it.

6. Wait For The Term Sheet

A term sheet is a written declaration of interest by a direct commercial lender that comes with an estimate of the terms. While it is not binding, it is a very desirable document to have. Don’t agree to pay for an appraisal until you see a term sheet that has terms that are acceptable to you.

7. Location, Location, Location

Location is equally important when it comes to choosing a lender for business real estate. As a rule of thumb, local lenders have better deals than out-of-town lenders.

8. Use Your Deposit Relationship

If your company generates a high cash flow, you can use the promise of a deposit relationship to get a better deal. Promise to transfer all of your accounts to the bank that handles your business real estate. Smaller banks will especially appreciate the additional cash flowing into their coffers.


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Austral Mortgage

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Mortgage Specialists for over 20 Years

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First Home Buyers, Upgraders, Debt Consolidation or simply looking to refinance? Put yourself in a better place with an Austral home loan.

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Advantage Special 4.49%

Advantage Special 4.49% – Term Loan or 100% Offset – Fixed or Variable. Fast application processing, personal service. No ongoing fees or charges.

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Austral have 20 years experience guiding people to the right home loan. Let us help you choose the right mortgage for your circumstances

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Loan Calculators

Looking to buy a home in Australia and want to know your borrowing power? A mortgage calculator or home loan calculator will get you started.

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Commercial Loans

We have access to an extensive range of commercial loans – ideal if you are borrowing as an individual, partnership, company, SMSF or discretionary trusts

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Buying Property Using SMSF

The rules and regulations when borrowing through a Self-Managed Super Fund. This section outlines compliance, loan structure, competitive loans and more.

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Ask Vicky Mortgage Advice

Let Vicky’s 30 years of experience guide you. First Home Buyer advice, Investment Loans, Mortgage Calculators, Mortgage Refinancing and Debt Consolidation.

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About Austral Mortgage

Austral Mortgage, established in 1992 by Guy and Vicky Edema, is one of Australia’s most professional, friendly and trusted mortgage management companies.

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Balloon Mortgage Calculator: Commercial – Investment Property Calculator, commercial mortgage calculator.#Commercial #mortgage #calculator


Balloon Loan Calculator

This tool figures a loan’s monthly and balloon payments, based on the amount borrowed, the loan term and the annual interest rate. Then, once you have calculated the monthly payment, click on the “Create Amortization Schedule” button to create a report you can print out.

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Everything You Need to Know About Balloon Mortgages

A Balloon mortgage is a loan that doesn’t wholly amortize over the life of the home loan, resulting in a balance at the conclusion of the term. Consequently, the final payment is substantially higher than the regular payments. Obviously, the majority of homeowners who choose this type of financing plan on either refinancing prior to the term ending, or selling the property. A balloon mortgage requires monthly payments for a period of 5 or 7 years, followed by the remainder of the balance (the balloon payment). The monthly payments for the time period prior to the balloon’s due date are generally calculated according to a 30 year amortization schedule.

Why a Balloon Loan?

A balloon mortgage is often chosen by individuals who want to have low, fixed monthly payments, with the end goal being to sell the property (often investment properties), at a profit prior to the balloon payment coming due.

What Are 15 Year Balloons Used For?

A 15 year balloon is a form of home loan in which the homeowner makes principal and interest payments for 15 years. Subsequently, at the conclusion of the 15 year term, they are required to pay the amount of money still owed. The 15 year has also become a preferred loan choice for a second mortgage in a piggyback agreement. It’s becoming more and more common for borrowers that put less than 20% down to opt for piggyback options instead of purchasing mortgage insurance. A piggyback can be a first mortgage for 80% of the home’s value and a second mortgage for 5% to 20% of value, depending upon how much the borrower puts down as a payment. In some cases the second mortgage is an adjustable rate; however an increasingly common option is the 15 year balloon.

Paying Off Your Loan Early Vs. Conserving the Money

Property owners who have the available resources to make a partial or full early payment on their balloon amount have the advantage of selecting from a number of different options. Your best option is dependent on your financial goals and any other investment or savings options you have. One of the main variables that determine whether it’s a better idea to pay off the balloon ahead of time is the interest rate on the loan in comparison to the interest that could be earned from investing the money elsewhere until the balloon is due. If the loan carries a higher interest rate, you would save money by paying the balloon off early. It’s important to keep in mind that an early balloon payoff requires that you pay not only the balloon amount, but any principal reduction that would be included in the regular monthly payments that are yet to be paid. One last consideration with investing or paying down your loan would be the tax implications. People in a higher tax bracket have to earn a significantly larger rate of return in the market for the after-tax returns to match the yield on paying off their debt early.

Refinancing a Balloon Mortgage When You’re Underwater

Commercial mortgage calculatorA mortgage debtor with a balloon balance higher than the property value faces challenging problems. Since no other lender will refinance an underwater home, either their current lender will need to refinance it or the homeowner will be pushed to default. In some cases an offer might be presented by the lender to extend the term of the loan for an additional 5 years at the same rate.

If you’re underwater, keep in mind that your current lender is aware that you don’t have any other option but to default, a fact that would inflict a substantial loss on the lender. A considerably better result from their standpoint would be to refinance which would keep your payments coming in and give you an opportunity to pay off your mortgage. In some cases the lender may be willing to modify the terms of your loan as well, relieving your payment problems. Basically, whatever deal emerges, you’ll be able to negotiate and if your lender understands that you see your choices as either defaulting on your mortgage or refinancing at terms you can handle, they’ll more than likely be reasonable.

Advantages Disadvantages

Advantages

If you’re wondering why a homeowner would decide on a balloon mortgage instead of a fixed or adjustable-rate mortgage, the answer is that balloon mortgage rates come at a discounted APR, making them a more affordable alternative early in the term. An example would be that if you don’t plan on keeping the property (or loan) for more than a few years, a balloon would be a viable option. That being said, there are always associated risks.

Disadvantages

The obvious negative aspect is the uncertainty at the conclusion of the loan term. For instance, after 7 years, the existing balance is owed. Just imagine if your property drops in value, leaving you owing more than the remaining balloon payment – you’d have a big problem on your hands if you can’t refinance or execute a short sale. This wouldn’t be the case if you had an ARM or fixed rate loan. ARMs may adjust higher, established by their caps which limit the amount the payments can rise, providing a certain level of protection. Even if you’re underwater on your loan, thanks to the caps, your payments will probably be manageable. Fixed rate home loans have the same payment throughout the life of the loan.

What is a Negative Amortization Balloon Mortgage?

Negative amortization develops when the monthly payment is less than the interest due which causes the loan balance to increase instead of decreasing. ARMs that permit negative amortization could increase the affordability of the home as well as provide lower interest rates, if the interest rates don’t rise consistently. As with just about everything else regarding finance, the benefits come with risks.

In conclusion

The most important thing you should do before you decide on a home loan is to evaluate all of your options and consult with a trusted mortgage broker/lender. You just might be surprised to find that today’s fixed rate loan rates may be better than a ARM or balloon mortgage and without as much risks.


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Commercial Mortgage Rates Compared to Home Loan Rates, Commercial Loans – Commercial Mortgages, commercial mortgage


Borrowers

Commercial mortgage rates are typically about 50 to 100 basis points (0.50% to 1.00%) higher than the prime, 30-year residential mortgage rate. For example, suppose you could refinance your personal residence on a 30-year, fixed-rate basis at 4.0% today. If you are an “A” quality borrower, you could therefore expect conventional commercial mortgage rates from commercial banks to be between 4.50% and 5.0%.

Commercial mortgage rates on SBA loans and USDA loans are typically 2% to 2.5% higher than the prime residential mortgage rate. Therefore, if the banks in town are quoting 4.0% on 30-year home loans, you will probably pay between 6.0% and 6.5% for an SBA loan or a USDA loan. The commercial mortgage rates of life companies and conduits – because the loans are typically quite large ($3MM+) – are a little better than the commercial mortgage rates of the typical bank. You can expect to pay 35 to 75 basis points (0.35% to 0.75%) over the prime, 30-year residential mortgage rate.

Will the interest rate on your commercial loan be fixed or floating? If the lender making your commercial loan is a life insurance company or a conduit (CMBS lender), you can expect a fixed rate for the entire term of the loan, typically either five years or ten years. If the lender making your commercial loan is a bank, you can expect the rate to be fixed for the first five years and then be recalculated to market. Once your commercial mortgage rate is recalculated, the rate will be fixed for another five years. A few money center banks make mini-perms (two to three year first mortgages) tied to LIBOR or prime.

Commercial mortgage broker

Most commercial mortgage loans are amortized over 25 years, although if the property is older than 30 years old, the bank may require a 20-year amortization. After all, the building is not going to stand forever.

Most commercial loans have a term of either five years or ten years, at which point a balloon payment is due. SBA loans and USDA loans are typically fully-amortized over 25 years. Some conventional multifamily lenders will make 25 or 30-year fully-amortized commercial loans. The rate on such long-term apartment loans are typically recalculated every five years.

All commercial loans from life insurance companies and conduits (CMBS lenders) have a huge prepayment penalty called a defeasance fee. This is the one drawback of commercial loans from life insurance companies and conduits. I’ve heard of defeasance fees of over $1 million. Yikes! Fortunately the prepayment penalties of banks are far more reasonable, typically either around 3% or perhaps declining annually from 5% in year one to only 1% in year five.

Commercial mortgage broker

There have been some major developments regarding commercial mortgage rates recently. Historically the commercial mortgage rates offered by conduits were only about 45 basis points (0.45%) higher than those offered by life companies. When China unexpectedly devaluated its currency a few months ago, the shock introduced enormous volatily into the credit markets. Commercial mortgage-backed securities are fixed rate instruments, and fixed rate instruments perform poorly in a rising interest rate environment. With the Fed threatening to raise interest rates, the demand for commercial mortgage-backed securities has plummeted. Commercial mortgage rates from conduits are gyrating wildly from week to week.

The end result is that conduits can no longer to lock in a borrower’s commercial mortgage rate. To make matters worse, the spread between the commercial mortgage rates of life companies and conduits has increased to 75 to 200 basis points (0.75% to 2.00%). At a time when life companies are offering commercial mortgage rates of 3.875% to 4.5%, conduits are quoting 5.25% to 6.5%. By historical standards, this is a huge difference.

The wise commercial-investment property buyer will therefore get commercial mortgage rate offers from a variety of different lenders. There are some major money center banks that are offering some very competitive commercial mortgage rates using portfolio programs (they intend to keep these loans on their own books). The best way to see these offers is to enter your commercial mortgage loan request into a commercial mortgage portal like C-Loans.com. Our portal is free (its paid for by the participating lenders).

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Commercial Loan Portal

to 750 Commercial Lenders

Commercial loans and commercial mortgage rates can be found inside this portal. This commercial mortgage portal allows you to apply to 750 commercial real estate lenders in just four minutes. You simply input your commercial loan request. The C-Loans System will then screen out all of the unsuitable commercial lenders and provide you with a list of 30 (or so) banks which are perfect for your particular commercial real estate loan request. You can then call these banks, life companies, conduits, REIT’s or hard money lenders directly or submit your commercial loan request electronically, six commercial lenders at a time. And C-Loans is free!

Ranked the most popular commercial mortgage portal by Commercial mortgage broker

Commercial mortgage broker

Commercial Loan Portal

to 750 Commercial Lenders

Commercial loans and commercial mortgage rates can be found inside this portal. This commercial mortgage portal allows you to apply to 750 commercial real estate lenders in just four minutes. You simply input your commercial loan request. The C-Loans System will then screen out all of the unsuitable commercial lenders and provide you with a list of 30 (or so) banks which are perfect for your particular commercial real estate loan request. You can then call these banks, life companies, conduits, REIT’s or hard money lenders directly or submit your commercial loan request electronically, six commercial lenders at a time. And C-Loans is free!

Commercial mortgage brokerC-Loans Thanks: Alicia Gandy of Blackburne Sons Realty Capital Corporation

For Closing a $650,000 First Mortgage on a Strip Center in Tulsa, Oklahoma (More Info and Mini-App)

Commercial mortgage broker

Commercial Loan Portal

to 750 Commercial Lenders

Commercial loans and commercial mortgage rates can be found inside this portal. This commercial mortgage portal allows you to apply to 750 commercial real estate lenders in just four minutes. You simply input your commercial loan request. The C-Loans System will then screen out all of the unsuitable commercial lenders and provide you with a list of 30 (or so) banks which are perfect for your particular commercial real estate loan request. You can then call these banks, life companies, conduits, REIT’s or hard money lenders directly or submit your commercial loan request electronically, six commercial lenders at a time. And C-Loans is free!

Commercial mortgage brokerC-Loans Thanks: Vito Piche’ of

Red Star Commercial Funding

For closing a $250,000 First Mortgage

on a commercial building in Atlantic Beach, NY


Northwood Mortgage Toronto, Home – Commercial Mortgage Services, commercial mortgage rates.#Commercial #mortgage #rates


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Northwood Mortgage™ Ltd. is one of the GTA’s largest brokerage firms. We provide unmatched mortgage funding and investment services.

Whether you need a mortgage for your home or for a commercial property; whatever your personal.

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Got A Mortgage Offer? Here’s What To Do Nex.

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Navigating mortgage applications is a complex process, especially for first-time home buyers. Applying for a mortgage requires a detailed and thorough examination of your income, financial situation, and credit score; the process can be exhausting. Read More

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Can Mortgages Be Transferred To Another Prope.

Posted By northwood / November 6th, 2017

If you’re moving house, or would simply like to transfer your equity mortgage to another property, you may be able to do so by getting a portable mortgage. Most mortgages, in fact, are portable, and Read More

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Home Loans, Commercial Loans, 20 Years of Mortgages, Austral Mortgage, commercial mortgage.#Commercial #mortgage


Austral Mortgage

Call today 1300 30 30 99

Mortgage Specialists for over 20 Years

Commercial mortgage

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Home Loans

First Home Buyers, Upgraders, Debt Consolidation or simply looking to refinance? Put yourself in a better place with an Austral home loan.

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Advantage Special 4.49%

Advantage Special 4.49% – Term Loan or 100% Offset – Fixed or Variable. Fast application processing, personal service. No ongoing fees or charges.

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Help Me Choose My Loan

Austral have 20 years experience guiding people to the right home loan. Let us help you choose the right mortgage for your circumstances

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Loan Calculators

Looking to buy a home in Australia and want to know your borrowing power? A mortgage calculator or home loan calculator will get you started.

Commercial mortgage

Commercial Loans

We have access to an extensive range of commercial loans – ideal if you are borrowing as an individual, partnership, company, SMSF or discretionary trusts

Commercial mortgage

Buying Property Using SMSF

The rules and regulations when borrowing through a Self-Managed Super Fund. This section outlines compliance, loan structure, competitive loans and more.

Commercial mortgage

Ask Vicky Mortgage Advice

Let Vicky’s 30 years of experience guide you. First Home Buyer advice, Investment Loans, Mortgage Calculators, Mortgage Refinancing and Debt Consolidation.

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About Austral Mortgage

Austral Mortgage, established in 1992 by Guy and Vicky Edema, is one of Australia’s most professional, friendly and trusted mortgage management companies.

Commercial mortgage

Compare our Home Loans

Check out the Austral suite of home loans, see all our residential mortgages side by side and compare our rates at a glance in one place

Want to Contact Your Mortgage Specialist? Enquire Now


Commercial mortgage rates – fees, Mortgages for Business, commercial mortgages.#Commercial #mortgages


Commercial mortgages

Commercial mortgage rates and fees

Commercial mortgage rates are not standardised in the same way as residential or buy to let mortgages, instead each rate is individually priced to match the strength of the proposal. The fees associated with commercial mortgages are a little more straightforward and detailed below.

Rates

There are two types of commercial mortgage – an owner occupier mortgage for trading premises and a commercial investment mortgage for those looking to invest in commercial property. Our team of specialist brokers can help you source both.

Rates for business mortgages are dependent on experience, track record, industry sector and the strength and performance of your business or the business you are considering.

Currently the high street lenders are offering our clients fantastic rates whether you are an existing or new operator. We have facilitated interest rates from 2% over base rate, lender arrangement fees between zero and 1.7% and up to 80% loan to value for top performing businesses. We have arranged up to 100% of a purchase price with the benefit of supporting security.

Currently the high street lenders are offering some good rates to investors looking for 70% LTV or less.

Competitive terms are available for business owners although be prepared to move your business banking to achieve the best terms available.

Commercial mortgages from the specialist lenders tend to be priced higher but they don’t want your business banking, will offer some interest-only payment terms and they’ll lend up to 75% LTV.

To talk through your borrowing requirements and find out what rate you can expect to pay, give us a call on 0845 345 6788.

Commercial mortgage transactions are subject to the following fees:

Payable to the commercial mortgage lender for arranging the finance. This will either be added to the overall loan or deducted from the loan at completion. Some lenders may take part of the arrangement fee as a commitment fee on acceptance of the lender’s formal mortgage offer.

The lender will require the property to be valued by one of their panel valuers. The valuation fee is usually paid on submission of the application or once the facility has been agreed in principle. Please be aware that due to their more complex nature, valuations on commercial properties are usually more expensive than valuations for residential property.

Many commercial lenders require separate legal representation and this is paid for by the borrower. In addition the borrower will often have further legal fees payable to their own solicitor.

Given the nature and complexity of titles and covenants on many commercial properties, a higher legal cost is usually incurred compared to legal fees for residential property.

We charge a success-only broker fee, normally 1% of the loan amount. This fee is due on successful receipt of a formal mortgage offer from the commercial mortgage lender. To discuss this broker fee in more detail please contact one of our brokers.

Depending on the complexity of the case, we may also charge an initial administration fee for the work involved in submitting the application to the lender for an initial decision. This administration fee is normally deducted from the Broker Fee.

We accept payments by debit and credit cards. Please note we are unable to accept American Express cards.

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