General Information:
With the collapse of the mortgage backed securities market it seems that the world for commercial mortgages has been turned upside down. Money is scarce and markets are tight. Seems lenders are more concerned than ever with LTV, LTC, Stabilization Rates, DSCR, Cap Rates and the list of confusing terms and letters goes on and on.
Well, The Mortgage Answer Guy is here to clear up the confusion. It doesn't matter whether you apply for a SBA loan, Acquistion and Development loan or just a straight purchase loan, the market had changed and you've got to know the basice to succeed.
We answer our guests questions on our blog site. Our answers have give you some general infomation about the loan type and then an explanation of who would benefit from that loan. On our blog we also post specific questions from guest. To ask us a question just click on Ask? To read our blog, go to http://mortgageanswerguy.wordpress.com/
We look forward to helping you with the right mortgage for your situation!
