Phoenix Mortgage Group

If you're new to commercial real estate financing, you will want to get a company understanding of the differences between a domestic and commercial mortgage loan. Domestic real estate uses a debt-to-income formula for judging your capability to repay a loan while commercial real estate is built on the debt coverage service ratio formula to qualify. This matters that to qualify for a commercial loan, you will have to know what your projected return on investment (ROI) will be when making a commercial property purchase or refinance.