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Residential financing and commercial financing have some basic differences between the two: A. Full payment of the balance of the loan can be demanded by
Residential financing and commercial financing have some basic differences between the two:
A. | Full payment of the balance of the loan can be demanded by lender in residential real estate financing. | |
B. | Commercial financing has fewer protections for borrower and lender. | |
C. | Residential financing can be structured into shorter term, such as 5-10 years. | |
D. | Commercial financing is budget friendly by offering a fixed payment until the end of the financing term. |
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