Over the last 45 days, the commercial lending enviroment continues to change. It is not that the money has gone away, it is more a question of loan to value and rate.

What does that mean for you, the customer????

First it means it might be time to move forward with any financing needs you may have. As we move through the rest of this year, money may get even harder to come by. Our lenders still want to lend, they just want to make sure property values will not deteriorate to a point where they are over 85-90% LTV.
Secondly, rates have not jumped to the degree that residential have. YET! The rise of fixed and variable rates is inevitable. The government has put so much money on the streets there is no way to avoid it. The best bet now is to lock in on a long term fixed rate so you can plan your budget.

Give us a call and let us help you get the best financing option.