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Q: Commercial loan ( No Answer,   0 Comments )
Question  
Subject: Commercial loan
Category: Business and Money > Finance
Asked by: stargate123-ga
List Price: $15.00
Posted: 22 Aug 2006 17:15 PDT
Expires: 28 Aug 2006 17:06 PDT
Question ID: 758575
I live in the Vancouver, British Columbia area and am looking for
financial institutions that would give me a commercial loan of
C$1,500,000.00 to invest into a nursing home. Traditionally for
commercial loans, buyers have to come up with a 25% downpayment. I
have been told by commercial mortgage brokers that they could arrange
the loan with a 15% downpayment. However the broker's fees are between
1-3% which I cannot afford. Could you help me locate institutions that
would give me the loan with a 15% downpayment? I want names of
institutions that specialize in these types of loans - specifically
with a 15% downpayment - I do not want generic names of lenders.
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