Tulsa Mortgage Lenders Talk About Commercial Mortgages
ZFG Mortgage: 5807 S Garnett Rd Suite I
Tulsa, Oklahoma 74146
Toll Free 1-877-205-7266 | Fax: 918-459-6535
Acquiring a commercial mortgage has some distinct advantages.
Keep Control of Ownership through a Commercial Loan
One of the most important benefits of going with a commercial mortgage is that you retain total ownership over your business. Instead of selling an interest or raising funds you maintain complete control. Your success is entirely your own to keep. You’ve worked hard to get your business in a situation where a commercial mortgage makes sense for you. Don’t risk the future of your company by selling interest, especially when commercial loans help you maintain that control.
You Benefit as the Property Appreciates in Value
Additionally, when you own your own property or building you gain the advantages of appreciation on that property. Much like a traditional residential mortgage your initial investment could see positive gains on return. The money received from the appreciation of your property can be used for further expansion, research and development, advertising or in any other way that you as the business owner sees fit. This advantage alone makes commercial property investment worth it. Our commercial lending specialists can help craft a plan for you that shows which properties are best for your companies situation. Together you can find the right solution to grow your business.
Improve Cash Flow with a Commercial Loan
Another great advantage of owning your own business property is improved cash flow. With a minimal up-front payment you can design a repayment schedule that fits your needs perfectly. This flexibility allows you to keep your money longer allowing you to spend it where you see fit. Your repayment schedule will be determined by the kind of property as well as the needs of your company. We can help you determine the repayment schedule that works best for your situation.
Commercial Properties are Eligible for Tax Deductions
When owning your own commercial property you’ll also be the beneficiary of tax breaks. Interest paid on your commercial mortgage is tax deductible as well as any maintanence or repairs that you make to the property.
Property Depreciation Reduces Taxes and Improves Cash Flow
Not only can you write-off interest paid on your property you can also claim a depreciation deduction. This unique concept allows business owners to deduct the amount your property has depreciated by in the last year. Depending on your property your depreciation deduction can sometimes range in the tens of thousands of dollars. This advantage to commercial properties can save you money over time.
To find other great benefits of owing your commercial property please speak with one of our commercial mortgage specialist today or apply online now!
Localities and cities served by ZFG Mortgage’s Tulsa Branch Include (but are not limited to): Beggs, Bixby, Broken Arrow, Collinsville, Coweta, Glenpool, Jenks, Leonard, Mounds, Oakhurst, Okmulgee, Owasso, Sand Springs, Skiatook and Sperry
At ZFG we realize that if you need a mortgage for your business or for your family, you will need us. Thus, we have put together the following list of terms that many of our Tulsa based clients use to search for the products and services that we offer:
At ZFG we offer the very best Tulsa mortgage company in Oklahoma and in the Midwest. Because of our quick access to Tulsa mortgages a wide variety of non-traditional and traditional sources of tulsa loan funding we are confident when we say that we are the best. Our Tulsa mortgage banker products are all custom tailored to fit the unique needs of our clients. Also find can find Mortgage & Loan Banks quickly through our channels as well. At Zeshu we understand that working with banks can be tough to do and we also realize that working with traditional mortgage brokers can be very confusing as well, and that is why are are focussed on offering the very best and the highest quality, yet most streamlined lending services possible. If you find yourself in need of a Tulsa mortgage, then you have come to the right place. Use our website to find the tulsa mortgage bankers and tulsa lending products that can best serve you or call us today at the office.
ZFG Mortgage: 5807 S Garnett Rd Suite I
Tulsa, Oklahoma 74146
Toll Free 1-877-205-7266 | Fax: 918-459-6535
Listed Below Are Various Websites Offering Good Pieces of Information About Tulsa Business Mortgages:
How lenders set rates
Generally speaking, the most commonly asked question in the mortgage industry is this, “How do lenders set mortgage rates?” And the answer is simple, “Lenders do no set mortgage rates?”
Well, if lenders don’t set the rates, who does?
And here is how it works my friends. Your mortgage lender will determine whether they will approve you or not for a loan and on what terms your loan will be approved (based on your credit score, reputation etc…), however the actual mortgage rates and interest rates are determined based on a variety of market factors on the secondary market (and fun place where mortgages are bought and sold).
As disturbing as this may sound, the Federal government setup 2 incredibly infamous organizations (as of 2008) known as Fannie Mae and Freddie Mac (I don’t know why they didn’t name on them Bernie Mac). Fannie and Freddie were created many moons (decades) ago to help really stimulate the lending process through increased government efficiency (which is a contradiction in terms). Fannie and Freddie and a few other major Wall Street Mortgage Investment companies would then actually go around buying up the loans that your lender has made to people like you and me. These mortgages and loans were then bundled together into this exciting things called “tranches.” These tranches were then either held as part of an investment portfolio orthey were sold to Wall Street, mutual funds, and other financial investment organizations where they were then traded just like Treasury bonds and securities.
Are you following me here?
- Government set up Freddie Mac and Fannie Mae to increase the efficiency of the private mortgage industry (government and efficiency just don’t mix well together)
- Freddie and Fannie then bought these mortgages, bundled them together and sold them to Wall Street where they were bought up my mutual funds and various other investment groups. Thus when foreclosures began happening, Mutual Funds nose-dived. When scared investors began pulling their cash out of the Mutual Funds the other companies’ stock held by these Mutual Funds nose-dived as well resulting in “real” people get layed off from “real” jobs as their companies became cash strapped without their investor’s capital.
Back to the story…
Thus my reader friends, interest rates go up and down based on those exciting fluctuations of the secondary market, not based on the lender’s emotions or feelings on any given particular day. Essentially when the economy is going down (and is tanking like a “Sherman”) rates will drop to get people like you and me motivated to refinance our homes, and to buy things with this “cheap money.” When the economy is bullish (and is moving upward like Lebron James jumping up for a monster dunk) the investors and various other humans who stand to benefit from this bullish economy will raise their rates to maximize their investor’s profitability during an economic upswing.
Basically patterns for interest rates almost always follow the economic cycles that we have all grown accustomed to. When the market doing well, rates go up. When the market is doing poorly rates go down. Thus, the best time to get the best rate is when the market is down (which just happens to coincide with the best time to buy the most property for the least amount of money).
Written by Clay Clark
SBA Entrepreneur of the Year and Founder of DJ Connection
Tulsa, Oklahoma 74146
Toll Free 1-877-205-7266 | Fax: 918-459-6535
How did we get into the current financial mess? Great question.
Turmoil in the Making
In 1910, seven men held a secret meeting on Jekyll Island off the coast of Georgia. It’s estimated that those seven men represented one-sixth of the world’s wealth…(Check out Robert’s Blog for more information or read “The Creature from Jekyll Island” – Written by G. Edward Griffin
http://finance.yahoo.com/expert/article/richricher/124339
December 17, 2008 at 4:06 pm
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