Friday, July 30, 2010

Commercial Mortgage


Commercial Mortgage is the second biggest share in the mortgage finance .Commerial mortgage is one where the mortgage fund are using for the financing commercial asst like shopping mole or hotel or the real state agent use this amount to finance their new property.Commercial Mortgage is one big loofall is that 80 % of it not refinanced.

Commercial Mortgage is charged high interest rate than the normal mortgage.

Commercial Mortgage maturity period is lower than the genral home mortgage .


Interest rate on the commercial mortgage genrally fixed or its fixed for the primary stage and than fluctuating on later period.


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