Best Commercial Real Estate Loans in Highland Beach, FL
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Highland Beach is a city in Palm Beach County that contains multiple diverse businesses. It is a city that is known for its elevated land. Making a business here in Palm Beach County can be quite easy if you have the assistance of the loan groups.
As such, we at Florida Commercial Real Estate Loan Group will make sure that the resources your business requires will be granted.
Different Loans We Offer
The amount of loans that our company can give and offer you are a lot, but our focus is on the idea of real estate financing. Real estate financing is a method of financing on which we, the company, reserve the funds that are required for an approaching deal.
The loans we can offer are:
Multi-Family Loans
A multi-family loan is a type of loan that is generally used for business purposes. If you wish to live on a property you are financing, it is recommended that you apply for a different loan called Federal Housing Administration (FHA) loan.
In order to qualify for a multi-family loan, you need to have a property that has more than four units, because the people who will be renting on those units are the source of your mortgage payments. The parties involved the ones supervising in this type of loan are a lot because this type of loan usually reaches from one million dollars up to hundreds of millions of dollars.
You will also need to provide documentation for you and the property. Forms will be needed to be completed, which details your financial situation as well as information regarding the apartment building.
Mixed-Use Loans
A mixed-use loan is a type of loan that is used for a property or an establishment that contains four or more units that encompass two or more purposes. Purposes can either be residential, retail, commercial, cultural, or industrial.
An apartment building that has a retail shop above a residential apartment unit is an example of a mixed-use property.
The loan amount of a mixed-use loan that is going to be used for commercial real estate is typically ranged between five hundred thousand dollars to 25 million dollars with having a loan-to-value ratio of 75%. A mixed-use loan can either be a short-term loan, being paid off one to two years or a permanent loan.
If you are not satisfied with any of the loans being showcased here, do not fret! We still have more loans we can offer, and these loans can be browsed by visiting our website!
We at Florida Commercial Real Estate Loan Group, want to see your business become successful as it can be. We will do everything we can to give you the resources you will need.
Contact us, the best financing company in the entire city of Palm Beach County by dialing our hotline or by sending an email. Choosing us as your financing company will not disappoint you!
There are so many areas or regions where we offer these services with most of them being cities.
However, if you need any of these services, you need to contact us. The list below comprises the areas where we offer these services.
We service all counties and cities throughout South Florida. However, if you need any of these services in other cities throughout the state of Florida, please contact us. See what services we offer below:
