Blogs
Getting an Investment Property Loan for Commercial Real Estate
Real estate properties for rent are a sound investment option for most small businesses. To acquire a commercial rental property, most entrepreneurs seek out capital injection from other investors or get an investment property loan. Prospective financiers include established national banks, online firms, and investor-focused lenders. You can use a commercial mortgage to invest in a mixed-use business building, office
How Mortgage Rates Are Calculated at Fidelity Mortgage Lenders
When estimating your mortgage rate to calculate the possible cost of a real estate loan, there are multiple factors to keep in mind. The market itself, including the state of the economy, and personal factors like your credit score play a significant role. Read on to learn more about how we determine mortgage rates at Fidelity Mortgage Lenders. Factors That
7 Key Benefits of Investing in a Multifamily Property
A multifamily home is an investment property with multiple separate units, each with its own legal address, kitchen, and bathroom. One family can reside in a single unit and may access it through a separate entrance. Multifamily units are usually self-contained. Examples include townhouses, condos, and duplexes. This blog discusses the key reasons to buy a multifamily property. Primary Reasons
Our New Chairman and President- Fidelity Mortgage Lender, Inc.
At Fidelity Mortgage Lenders, Inc., we are pleased to announce that Charles Hershson will continue his legacy as our Chairman alongside Peter Steigleder as President. Hershson, acknowledged as “Uncle Chuck by his team members,” founded the company in 1971, after years of working as a licensed real estate broker. Chuck also served as the President of California Mortgage Association (CMA),
Understanding How Commercial Loans Work: A Basic Overview
When starting your business, a small business loan, personal loan, or credit card may sufficiently serve your financial needs. As your enterprise grows, you’ll likely need more capital to purchase inventory, fund operations, hire staff, and expand your operations. This is where you’ll need commercial loans. A commercial loan helps you expand your business. It can also help you stand
How Much Down Payment Do I Need to Make for a Commercial Mortgage?
A commercial mortgage can help you quickly acquire or develop an income-generating commercial property. However, you may need to meet certain requirements to get this type of financing, including a down payment amount. Here is a look at how much down payment you will need and the benefits of paying a higher down payment. Is a Commercial Mortgage Down Payment
How Are Trust Deeds Different from Mortgages?
If you want to invest in real estate developments whose collateral is real property, one of your key considerations should be the state where the property is located and the mortgage regulations followed by that state. With this knowledge, you will know how to recover your money if the borrower defaults on the loan. Each state has either adopted lien
A Quick Guide to Commercial Real Estate Loans in CA
Commercial real estate (CRE) encompasses properties built for business operations. These include office buildings, retail malls, hotels, and complexes. Different types of commercial real estate loans provide the funds to purchase or build these properties from the ground up. Read on to learn more about business mortgage options. Understanding Commercial Real Estate Loans A commercial real estate loan provides an
Major Advantages and Disadvantages of Commercial Business Loans
With limited options to raise adequate funds, many small businesses struggle to stay afloat. For instance, research reveals that more than 25% of small businesses cannot grow and expand because of financial constraints. This is where commercial business loans come into play. Business owners can use these loans to finance various business operations, including opening new locations, hiring new employees,
