commercial loans
jason asked:


Is it going to be more difficult to secure a 800K Commercial Building loan than say 6 months ago? I will be in the market for that kind of loan in the next week or two and haven’t a feel for the market right now.

BENJAMIN

Comments

One Response to “Have the standards for securing a Commercial Loan changed as the home mortgage loans?”

  1. unisberkensap on June 15th, 2008 1:31 am

    Commercial loans have not taken the same hits as residential. Underwriting for residential loans had become beyond ridiculous allowing everyone to get a loan, whether they could make the payments or not.

    Commercial lending has been constant in its criteria, thus it has remained stable.

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