Commercial Mortgage
Use the expertise of PAR East Mortgage’s professionals to determine the proper value for your commercial property – and take advantage of the simplicity and speed of our programs to simplify financing.
Eligible properties include Mixed Use/Apartment Buildings, Self-Storage Facilities, Retail/Office Buildings, Warehouses/Light Industrial Properties, Automotive Services, Hotels/Motels, Restaurants, and Multi-Family Housing.
Also, we have commercial loans are Stated Income and Stated Asset loans. That means the documentation and paperwork associated with other loans isn’t required, resulting in you enjoying greater flexibility and faster turnaround times.
PRO: With multiple property types available to finance, almost any income producing building is eligible for financing.
CON: The interest rate is usually higher than a standard residential loan.