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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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