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Commercial Mortgage Broker

Commercial Mortgage Broker

This is a discussion on Commercial Mortgage Broker within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; You finally found that commercial property you want to buy - fantastic! Now what? All you need is the money ...

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Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

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02-12-2008, 07:58 AM

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Commercial Mortgage Broker

You finally found that commercial property you want to buy - fantastic! Now what? All you need is the money and where do you get that? A commercial lender, of course. And here's the million dollar question - where do you find a lender ...

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