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The 203(b) is a fixed-rate mortgage. It’s most commonly done as a 30-year loan, but other terms are available, particularly 15- and 20-year loans.
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Commercial Loan Rates 2019 – Commercial Mortgage Interest. – Note: The commercial mortgage rates displayed in this website should be used as a guideline and do not represent a commitment to lend. Commercial Loan Direct and CLD Financial, LLC are not liable for any commercial mortgage interest rate or data entry errors that might affect the displayed commercial.
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