Loss Mitigation Help Resource
Commercial Loss Mitigation
Commercial Loss Mitigation is designed to bring relief to the businesses struggling to pay back the loan on their commercial properties. With a large number of small to medium businesses finding it difficult to fulfill their obligations, the commercial lenders started to re negotiate the loan terms.Commercial Loss Mitigation program only covers the commerial real estate loans. The types of property loans covered are:
1. Properties for providing Health & Meidical Care services
2. Apartment Building Loans: Loans on profit generating residential properties
3. Retail Property Loans: Loans on properties for retail stores
4. Hospitality Loans: Loans on properties for Hospitality and Food Service
5. Other Commerial Loan Programs: Loans on Industrial Properties, Educational and other Non Profit
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