COMMERCIAL LOANS IN THE GREATER ATLANTA AREA

Much like a mortgage to purchase a home, you can also secure a mortgage when buying commercial property. Commercial real estate lending helps business owners finance the purchase or renovation of commercial property, such as:

• Office Buildings • Shopping Centers and Retail Stores • Industrial Warehouses • Restaurants • Apartment Buildings • Hotels

Most commercial real estate loans require the property to be owner-occupied — meaning the business needs to physically occupy at least 51% of the building. If the property won’t be majority owner-occupied, borrowers may have to seek an investment property loan, instead.

Interest rates may be fixed or variable, and down payments on commercial properties typically range from 10% to 30%, with repayment terms ranging from 5-25 years. Like residential loans, your monthly payment could be the same until the loan is paid off or you might have interest-only payments, with a final balloon payment at the end of the term.

A variety of commercial real estate loans exist, including bank loans, Small Business Administration (SBA) loans, and bridge loans. AML can help you review the best options for your needs and get you to the Closing Table.

WHICH COMMERCIAL REAL ESTATE LOAN IS RIGHT FOR YOU?