Unprecedented 3-percent-down financing available on owner-occupied commercial properties

Small-business owners, entrepreneurs and other professionals have a new alternative to leasing the space for their business: owning it - for as little as three-percent down (www.just3percentdown.com). While low down-payments are commonplace for residential mortgages, three-percent down is a new and significant development in the commercial lending world. The availability of this low down-payment program makes commercial property ownership more accessible to people who may have never considered purchasing their business location, or those who have been unable to secure financing through more widely known sources such as banks or Small Business Administration (SBA) loans.

Under the program, financially strong borrowers can qualify for three- percent-down loans on owner-occupied properties up to $1 million. Commercial property types eligible for purchase or refinance include mixed-use, multifamily (five or more units), office, retail, warehouse, and others. In addition to building equity and a valuable financial asset for their business, owners benefit from the ability to eliminate future rent increases and deduct mortgage interest and real estate taxes. To find out more, visit www.just3percentdown.com.

Available through licensed mortgage professionals, the low down-payment program is offered by national commercial real estate lender, Silver Hill Financial(R). An industry-leading lender specializing in small-balance commercial loans up to $1.5 million, Silver Hill's borrower-focused approach is modeled after the familiar residential mortgage. This smart loan program provides a faster process with quicker closings and more flexible loan options as compared to traditional commercial financing sources. Low down-payments between five and 10-percent are also available for a wider range of borrower scenarios.

Source: Silver Hill Financial, LLC

Web site:
http://www.just3percentdown.com/
http://www.silverhillfinancial.com/