Quote:
Originally posted by Big Ed
Small commercial rates tend to suck the big one. It seems to be a gap in the market that lenders would prefer to avoid. Here in MA, I see a 2 point premium over single family owner occupied rates. I'm hearing 7-7.5% for commercial loans right now.
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Thanks Ed, then my banker isn't humping me. Just sure seems like a big spread! Maybe I'll just claim residence in my factory
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