Jerry Song with Texas Republic Bank explains why community banks are more likely to lend to investors, the advantages of using community banks and the importance of including your resume in a loan application. Because they benefit when the community grows, community bank value the relationships and success of all their clients.
1.For a commercial property loan, what documents must the borrower provide to the bank?
2.What factors are considered by the bank in order to approve a loan?
3.What is an SBA Loan?
4.Why is purchasing a property with existing debt riskier in the commercial investment arena?
5.What is the difference between a non-recourse and a recourse loan?
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