5 1/2 millon loan? Any one know were to procure a 5 1/2 millon $ loan?
Any one know were to procure a 5 1/2 millon $ loan?
a very immense bank
No, but when you find out, can you report me? I don't think anyone is of a mind to loan that much, unless they return is huge. They could invest that much and make a bloodbath instead of loaning the money.
Answers: Yes. Most all bank do loans of this size. I know it seems similar to a ton of money, but in the dignified scheme of things it really isn't. The indisputable question here is what do you obligation 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 contained by to the transaction. If it's for a residential mortgage you may be able to procure away with as little as 5% down.
If you enjoy 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.
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