Tag: Banking
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Commercial Mortgage Guidelines
Commercial mortgages are broken down into two categories: Owner occupied Investment property The lending guidelines are going to be quite different for each type of mortgage but there are some similarities. An appraisal will be required in each case to establish the value of the property. Plan on spending a minimum of $2,000 for a…
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An Introduction to Bank Accounts
Bank products and policies are generally poorly understood. Bank employees have a heavy workload and they often don’t take the time to fully explain things. Business people are afraid to ask questions because it will reveal what they don’t know. This leads to frustration for everyone. This series on banking will help to alleviate this…