Commercial Second Mortgage

Commercial Second Mortgages are not usually easy to obtain from banks, however there are many other lenders that will look at deals where a second mortgage for a commercial property is required. Sometime instated of trying to get a second mortgage it is better to refinance the first mortgage to include the additional amount required, if there is enough equity in the property and if there are no major penalties to pay to terminate the first mortgage.  


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Lettie Zimmerman

Creative Director