Cityfeet Resources
Commercial Mortgages

Commercial real estate mortgages are used in two situations: expanding a business or, commonly, refinancing a debt.
Commercial mortgages use real estate as collateral to guarantee repayment of a loan. This type of mortgage is nonrecourse. Namely, the lender (creditor) can obtain the collateral from the buyer in case of a default but has no claim against any other business assets. The most typical mortgage is a fixed-rate loan, one with a steady interest rate.
Generally speaking, commercial mortgages require a payment over 30 years. However, quite often, these mortgages require a "balloon payment" (complete repayment) earlier. At this point in time, the borrower is likely to refinance the loan. A commercial mortgage loan, thus, encompasses the duration until complete payoff, and the amortization.
Click Here to Search Sale Guide Listings
 Additional RESOURCES
©2018 - All Rights Reserved
Find Commercial Real Estate Listings -
Partner Sites:   Commercial Real Estate -  Businesses for Sale -  Land for Sale -

Company Overview: Cityfeet is the leading online commercial real estate network, connecting commercial real estate property owners and brokers to tenants, brokers and investors. Cityfeet offers commercial real estate products and services catering to the national and local needs of the commercial real estate industry. Cityfeet specializes in all commercial real estate property categories including office space, executive suites, commercial land, industrial property, retail space and businesses for sale. Cityfeet is the #1 source of free commercial real estate information for commercial real estate professionals and powers the commercial real estate area of many of the country's most popular websites including New York Times and Chicago Tribune. (See all partners)
Commercial Real Estate for Lease | Commercial Real Estate for Sale | Executive Suites | Businesses for Sale | Commercial Real Estate Broker Directory | Cityfeet Local | Cityfeet Local Site Map