Mortgage Merchant is here to find the specific and suitable industrial properties product that is profitable for you. Industrial properties include everything like factory, warehouse, storage areas, industrial space, workshop, manufacturing places, plants and much-much more.
We have tons of contacts with renowned lenders that will provide best industrial property mortgage. But prior to applying for industrial property mortgage, we will require following documents from you:
- Location and particularization of the property
- Credit history
- Property appraisal and survey
- Industrial experience
- Legal clearances
- Evidence of tenants and leases
- Environmental details
- Business plan for new businesses and two year accounts for current businesses
Call our mortgage broker today to get your dreams into reality.
Are you looking for construction mortgage? Need not to go anywhere else. Mortgage Merchant can help you get find the right product to execute your plans.
Mortgage Merchant provides construction mortgages for residential homes, condos, townhouses, apartments, hotels or motels, industrial sites, commercial or recreation sites. Mortgage Merchant will do their best to fulfill your demands. We have a lot of contacts and networks with reputable lenders.
We provide you with low interest rates and you can even lock in to the fixed-rate mortgages when the construction completes.
Get a suitable product for Construction Mortgage from Mortgage Merchant by contacting us today.
If you are thinking to purchase retail and strip centers, you may find difficulty to get a mortgage for this, as you know there is a lot of competition in these centers. But if you come to Mortgage Merchant, we can make your work easy and get you right product depending on your demands and terms.
When applying for retail and strip center mortgages, you must consider following points:
- Financing can be given at 75% loan to value
- $1.20 of revenue (approx.) must be generated for every $1 of debt by the property.
- Lenders will examine your tenant base and leases.
- Details like condition or location information of the property is required.
- Review of your credit history.
For more inquiries, contact Mortgage Merchant today.
Mortgage Merchant offers Rental Properties Mortgage that can be applied for getting possession of either a newly constructed property or already used properties. We will provide you finance for rental properties at competitive rates.
- Revenue of estimate $1.30 should be produced for every $1 of debt by the property
- The net worth of borrower should be at least 25% of mortgage price.
- Revenue generated from this property should cover the mortgage payments.
- If financing is provided toward 65% or more of property’s worth, mortgage insurance is needed.
Consult with our mortgage broker today for explanation.
Want to purchase an office building or medical centers? Looking for best deals in mortgages that can increase you investment opportunities and add to your income? Mortgage Merchant can act as a helping hand by providing you Office Building Mortgages in best rates possible.
Before applying for mortgage on a building, consider following points about that property to determine whether it will generate fundings for your payments:
- 25% of down payments should be provided for the mortgage.
- Your property should bring about approximately $1.30 of revenue for every $1 of debt.
- The property is thoroughly examined and authorized by trustworthy professionals.
- The building should have more vacant units than other buildings in that location.
We need to get following documents from you for applying to Office Building Mortgage:
- Current rent roll
- Income and spending report
- Details of building
- Contract of sale
- Details of any other management company
If we need something else, we can ask from you.
Contact us today to start your process.