How can Castle Commercial Mortgage charge such high rates & fees? Sources of capital on real estate ventures are limited.Conventional lenders/banks tend to have many requirements which not everyone can meet: i.e. having 20% down; or a FICO score above 680. Other real estate deals need to close fast and conventional lenders/banks can take 30-60 days to approve and fund the loan. Castle Commercial Mortgage Co. typically will fund 24-48hrs after making a loan commitment.



What repayment options are available? A variety of other more complex routes for procuring a commercial mortgage are available, however it will be necessary to undertake independent financial advice on these.First of all, decide whether you want to apply and negotiate directly with the lenders yourself or if you would prefer an independent intermediary or finance broker to represent you. If possible, prepare your current accounts or a comprehensive business plan. These will help you to qualify for the best rates and terms. Finally, take legal or accounting advice regarding the ownership structure of the commercial property as there are tax implications associated with this.We fill a niche that conventional lenders/banks can not make a loan; whether that is because of the type of credit score, type of property or project, etc.

I'm looking for a commercial mortgage, can APS Mortgages help? APS Mortgages has several schemes that are designed for people wishing to buy a commercial property such as a shop or office space. For more information visit our commercial mortgage page or give us a ring!Raising commercial finance can often be time consuming and, depending on how complicated your situation is, on average it can take anywhere from a few weeks to several months to complete the commercial mortgage process. However, complex cases can take much longer due to the number of variables involved.First of all, decide whether you want to apply and negotiate directly with the lenders yourself or if you would prefer an independent intermediary or finance broker to represent you.

What are the benefits of a commercial mortgage? Aside from providing your business with a major asset that is likely to appreciate in value, a commercial mortgage offers a wide range of additional benefits. Depending on the terms of your mortgage contract, the repayments may be similar to your current rental payments, which means you won't have to budget for additional property expenditure or rental increases.It can be difficult for small businesses to raise enough capital for a deposit on commercial property so some lenders provide the option of a 100% commercial mortgage. To qualify for this option you will need to provide additional security, usually in the form of other commercial or residential property.Castle Commercial Mortgage typically charges for a short-term (i.e. 6 months): 3% Origination Fee & 13% APR.

How do we submit a commercial mortgage loan request to McCary Stevens? Contact (click here) one of us by phone or email and discuss the deal preliminarily with us. If it sounds like a deal we can finance, we'll take you through the process.First of all, decide whether you want to apply and negotiate directly with the lenders yourself or if you would prefer an independent intermediary or finance broker to represent you. If possible, prepare your current accounts or a comprehensive business plan.

I'm looking for a commercial mortgage, can APS Mortgages help? APS Mortgages has several schemes that are designed for people wishing to buy a commercial property such as a shop or office space. For more information visit our commercial mortgage page or give us a ring!A commercial mortgage is a long-term commitment and, like a residential mortgage, will need to be paid off over a period of 15 years or more. However, if you don't make the repayments on time you will accrue additional interest and, if you continue to default on payments, the property can be repossessed.