These factors can include: Prevailing rates based on the prime rate, or Treasury issues in the case of the SBA. Your personal credit rating and the rating of your business. … Other conditions on the loan, such as the size of the down payment or whether the interest rate is fixed or variable.
People also ask, do I have to put 20 down on an investment property?
In general, you’ll need a rather large down payment to purchase an investment property. Down payments of at least 20% are typically required, and 25% is most common.
Beside this, how much is a downpayment on a commercial mortgage?
Before considering or approving a loan application, most commercial lenders ask for a minimum 30% down payment. Your LTV cost will decrease when investing in a commercial property and this means that you’ll likely require the borrower to contribute more to the down payment.