The 15-Year Balloon program has highly competitive rates for select commercial property types in specific locations. This is not a catch-all program that is ideal for all investors, but it has unique benefits and terms that make it well-suited for those who are looking for a longer amortization with a reasonable term and competitive rate. Some of the key features associated with the 15-Year Balloon program are:
While finding a commercial loan program with a low rate is important, the term, amortization, and other factors can also influence affordability. The 15-Year Balloon program from Quintessential Mortgage Group is an excellent solution for many who are looking at commercial financing.
The 15-year term on this loan provides you with an extended fixed rate period time with a balloon payment due at the end of the 15th year. With a 30-year amortization, the payments will be reasonable and manageable.
This 15-Year Balloon commercial loan program is just one of many programs available to you by Quintessential Mortgage Group. Our team of experts will take the time to review all of their financing options before moving forward with a loan application. If you have plans to refinance your current loan or purchase a new property soon, contact a loan consultant at QMG today to learn more about the options that you may qualify for.
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