Commercial and Business Real Estate in Wimbledon Heights

standard payment calculation
A calculation which is used to determine a monthly payment necessary to repay a balance of the home loan in equal installments.

return on investment
The amount of profit the property generates.

prime lending rate
The minimum short-term interest rate charged by commercial banks to their most creditworthy clients. Home loan rates typically may be several points above a prime rate, which is also used as a basis for mortgages, business loans, and personal loans.

underwriting fee
A fee charged by a lender to verify information on a loan application, authenticate a property's worth as collateral, and make the final determination about whether to grant the loan to a applicant.