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When it comes to refinancing your commercial mortgage, first you want to know if. Are you looking for a recourse loan or a loan without a personal guarantee?. Lenders like properties with constant positive cash flow and good occupancy history.. I had spoken to my bank and I would have needed a 20% down payment.
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While credit card debt is a no-brainer. equity loan can help you fund the project without tapping in your personal savings. If you are angling to become a landlord or purchase commercial property.
The cash rate has just been cut to a new record low, so it’s the perfect time to look at refinancing a home loan. Too many people don’t realise it’s possible, baulk at the challenge of bargaining down.