Welcome to National Commercial Resolutions
Economists predict that in the near future commercial foreclosures will follow the residential trend. In order to avoid foreclosures and find debt relief, an abundance of homeowners have modified their existing loans. These same benefits of residential loan modification are now available for commercial property owners.
What Is Commercial Loan Workout?
A commercial loan workout allows property owners of commercial facilities/properties including office buildings, retail stores, shopping centers etc. to change the terms of their original loan agreement with their mortgage holder.
Just like residential loan modification, more commercial loan holders are flexible and willing to help you keep your property. There are a number of solutions that may become available in the process: interest-only loans for a period of time, reduction of interest rates or extending the terms of the original loan and in rare cases you can even lower the commercial loan balance of the property.
How does one qualify for Commercial Loan Workout?
NCR or National Commercial Resolutions will review your information and documentation to see if a commercial loan workout is right for you and/or eligible for a loan workout.
It is National Commercial Resolutions goal to help you keep your commercial property operational.
Why Hire us to help you with your Commercial Loan Workout?
Our business has been designed around helping people, and doing the "right" thing. If you fear your commercial property is in jeopardy then you must ACT NOW. The more time you have to negotiate your terms, the better off you and your commercial property will be. We offer professional assistance with an attention to detail not shared with our competitors. |