Bankrate Loan

Bankrate Loan

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Investment Condo Financing Welcome to the world of condo loan rules. Not only do the rules for a condo loan vary greatly between FHA loans and conventional loans, but also each lender’s investor may have her own set of rules (called overlays). Unlike a single-family home loan, condo loans are different, and not every condominium project qualifies.Commercial Financing Options National banks, on the other hand, can offer a wider range of commercial real estate financing options for those that seek them. It’s entirely possible to finance a commercial property with a long-term fixed-rate mortgage options with seven to 10 year balloons, provided you can find a national bank willing to do so.

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