A mortgage secured by a lien on a piece of commercial real estate rather than a piece of residential real estate. Commercial loans tend to be made to business entities and are frequently five years in length or fewer, with balloon payments made at the end of the term of the loan and refinancing being extremely common.

Kiavi Expands Leadership Team to Further Bolster Construction Lending Growth
Industry veterans Tom Hallock and Robert Jayne join tech-enabled lender to drive growth of...
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