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The down payment requirement for a land loan varies depending on how developed the plot is, but ranges from 15% to 35%. ...
Let’s say you have a commercial balloon mortgage with an amortization period of 25 years and a loan term of 10 years. You’ll make monthly payments as if you were paying it off over 25 years ...
The agencies have sought to tighten underwriting guidelines in the past year. Freddie has increased inspections at multifamily properties and Fannie and Freddie are moving to impose additional ...
Commercial loan officers manage business loans, often for commercial banks. These professionals may be further specialized by business size -- small business, middle market, or enterprise -- or ...
Backed by a $1.33 billion loan ($350 a square foot), the interest-only loan was originally set to mature in March 2020, with five one-year extension options. In March 2025, the loan was modified, ...
Fannie Mae and Freddie Mac are preparing to impose stricter rules for commercial-property lenders and brokers, following a budding regulatory crackdown on fraud in the multitrillion-dollar market.