Any one know were to get a 5 1/2 millon $ loan?
2007-04-30 11:20:29 · 4 answers · asked by wlorch1 1 in Business & Finance ➔ Credit
Yes. Most all banks do loans of this size. I know it seems like a ton of money, but in the grand scheme of things it really isn't. The real question here is what do you need the loan for. Is it a home, commercial business, etc....? If it's for a commercial property you will need to bring 10% of your own funds in to the transaction. If it's for a residential mortgage you may be able to get away with as little as 5% down.
2007-04-30 11:30:10 · answer #1 · answered by Brad V 1 · 1⤊ 1⤋
No, but when you find out, can you tell me? I don't think anyone is willing to loan that much, unless they return is huge. They could invest that much and make a killing instead of loaning the money.
2007-04-30 18:24:37 · answer #2 · answered by luv2help 5 · 0⤊ 2⤋
If you have to ask, you can't afford the payments. If you can afford the payments, you don't have to look, the loan will find you.
2007-04-30 19:39:43 · answer #3 · answered by STEVEN F 7 · 2⤊ 1⤋
a very large bank
2007-04-30 18:24:46 · answer #4 · answered by skcs11 7 · 0⤊ 2⤋