Loan for commercial real estate

Re: [spiers] Loan for commercial real estate

Is there an import opportunity for loans? Can an
American approach a bank in India or Japan and get a
commercial loan? Can foriegn banks loan to Americans,
or are there laws keeping foriegn banks out?

Anthony

--- ALBERT SUNG wrote:

> Hi,
>
> I am currently purchasing a retail building and
> discover that commercial loan is very expensive:
> with
> 25% down, the interest rate on a 25-YEAR mortgage is
> a
> whopping 9.5% versus residential loan of 6-7%!!
>
> Are anybody out there kind enough to tell me any
> good
> commercial loan lender who can give a better rate?
>
> Thank you.
>
>
> Albert Sung

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