London, United Kingdom (PressExposure) September 07, 2009 -- UK Financials Ltd Introduce Mixed Use Property Commercial loan .Commercial Mortgage Loans are often required for buying the business' real estate and commercial properties that can be utilized for commercial shopping centers and malls, industrial and high-rise office buildings, complexes, apartment buildings, factories, hospitals, warehouse, golf courses, hotels, restaurants, gas stations, movie theatres, retail outlets, farms, car washes and other such real estate for businesses.
A commercial loan to purchase an owner occupied property can be used for almost any type of property that is not specifically investor related such as an apartment building. Additionally, farms, mining and other types of agricultural properties are not generally permitted under a traditional commercial loan
Financial Benefits of a stated income commercial Loan include:
* Less Documentation The stated income commercial loan requires less documentation than a tradional commercial loan. In many cases since the loan is only underwritten to the properties cash flow or potential cash flow it is not necessary to provide as much documention.
* Easier approval process This commercial loan has an easier approval process because it does not have to be underwritten to both the property cash flow and a secondary repayment source such as the borrowers personal income.
There are multiple benefits of commercial mortgage loans. With commercial mortgage loans, you are just required to pay low interest rate, the duration of paying the refund back is quite flexible. Than Apart from this, to get the access of commercial loans is pretty easy for the crutch of reason that they are hardly any intricacies in the procedure of entailing the fund.
The main reasons behind opting for Commercial Real Estate Loans are its wealth of benefits that it provides. Besides rendering stability & high return on investment, it provides investment security. These are the two weighty points that draw an individual to get the hold of owner occupied commercial real estate loans. Longer duration period for repayment is the added advantage of acquiring commercial real estate loans.