Objective Info. and Useful Tools. Do research, Check Rates & Apply.
www.Wachovia.com
Use Your VA Loan Benefit Today! Buy or Refinance w/ No Money Down.
www.Military.com
Need Cash? Refi to a govt-insured mortgage up to $729K select areas.
www.Countrywide.com
500k+ Loans Obtained Easily No Fuss No Muss. We Can Help
www.TheCommercialLoanPlace.com
$1 Million Minimum. Flexible Terms. Fast Efficient Closing. Call us.
www.capitalfundingonline.com
Compare Local Mortgage Rates Low Rates 4 Good Credit, Apply Now
www.QuoteMatch.com
Easily Compare Rates & Save. Find the Best Deal & Save Today!
CommercialMortgage.BuyerZone.com
Simple Application, Fast Process, & Great Customer Service. Contact Us!
www.iBank.com/Commercial-Finance
Expert Office, Retail, Industrial & Multi-Family Financing $500,000+
www.BaypointFS.com
Get Lower Rates & Lower Payments. Apply or Call (866) 863-9157
www.CHASE.com/Mortgage-Loans
Research mortgage rates & options Free quotes - borrow smart & save.
BusinessFinanceResource.com
Refinance Home - Compare Offers. All Credit Types Accepted. Act Now!
www.pickAmortgage.com
A national lender with over 1250 loan programs. Financing available up to 100%. All credit considered.
www.1st-presidential.com
Mortgage programs and Loans for all types of credit and borrowers. Site features calculators, home equity section, home listings and mortgage rates.
www.loanleaders.com
Objective Info. and Useful Tools. Do research, Check Rates & Apply.
www.Wachovia.com
Use Your VA Loan Benefit Today! Buy or Refinance w/ No Money Down.
www.Military.com
Need Cash? Refi to a govt-insured mortgage up to $729K select areas.
www.Countrywide.com
Guide to Commercial Mortgage Lenders in West Virginia
Commercial Mortgage Lenders in West Virginia
Business owners should keep in mind when shopping for commercial lending in West Virginia that the process is different than that of a residential loan. There are some main differences between West Virginia commercial mortgages and a residential ones:
1. Collateral for commercial lending in West Virginia typically exceeds the amount required for residential loans.
2. West Virginia commercial mortgages' interest rates are usually higher.
3. The terms for West Virginia commercial mortgages are shorter, with a balloon payment typically due at the end.
Action Steps
The best contacts and resources to help you get it done
Search online to compare commercial mortgage quotes in West Virginia
Use mortgage search engines to compare and contrast rates for a West Virginia commercial mortgage. West Virginia business owners can use these tools to get an idea of the different types of commercial loans available to them.
I recommend:
Sites like iBank or Mortgage Loan will help give you an idea about what rates are currently available. Use these rates as a reference point to research your West Virginia commercial loan options.
Find local and national banks that provide commercial lending in West Virginia
There are several different types of banks that have options for a commercial mortgage in WV. Know what kind of service you are looking for beforehand. While the larger, national banks may have more branches, local lenders may offer more personalized service. Weigh your options while you decide which West Virginia commercial loan is right for you.
I recommend:
First Bank of Charleston and Farmers Bank of West Virginia both offer commercial mortgage loans and will have a good grasp of the local business market. National banks like Sun Trust and AllOptions have several options for West Virginia commercial mortgage lending.
Research West Virginia commercial lenders through business associations
Small business organizations will have more inside knowledge about commercial mortgage firms in West Virginia than anyone else. These associations are designed to help accomplished and aspiring entrepreneurs. Often times, these organizations provide free seminars to assist business owners secure the best commercial loans.
I recommend:
The Small Business Association (SBA) of West Virginia has several classes for aspiring entrepreneurs including business counseling and loan programs. The Charleston chapter of SCORE offers several classes on business planning and West Virginia commercial lending.
Tips & Tactics
Helpful advice for making the most of this Guide- Before purchasing a property make sure to check the fine print on your loan about restrictions to property use. If the loan is too restrictive, it may pose problems for your business.
