Short-term Multifamily Financing vs. Long-term Multifamily Financing
Vp Capital Lending18 Dec, 2021Finance
Usually, short-term multifamily financing has duration of 12 months or less. But it can vary according to the credit and obligations. This financing option is used for lower dollar amounts and is paid back swiftly; and therefore, they are considered lower risk for the finance company and mortgagor.
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