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Debt Service Coverage Ratio!
The most flexible approach to Debt Service Coverage Ratio for a commercial property loan will require a Debt Service Coverage Ratio in the range of 1 to 1.2, with exceptions permitting a Debt Service Coverage Ratio less than 1.
It is not unusual to encounter a minimum commercial real estate loan requirement of $500,000 to $1,000,000.
Many traditional banks require three to nine months to close a commercial mortgage. A more action-oriented commercial lender will close commercial real estate loans in 45 to 60 days.
Fox News apologizes for erroneous Quebec terror tweet
– rss.cnn.com
Amid pressure from the Canadian prime minister, Fox News has apologized for a tweet that inaccurately identified the suspect in Sunday night’s Quebec mosque terror attack as a man of Moroccan origin.
Big changes in Trump's cybersecurity executive order
– rss.cnn.com
An executive order awaiting President Trump’s signature is aimed at improving nation’s hacker defenses — including a plan to have the U.S. military review what kids are learning about cybersecurity in school.
Inside Twitter's new plan to combat harassment
– rss.cnn.com
Read full story for latest details.
Meet Jeff Jobe, White House Skype questioner
– rss.cnn.com
Read full story for latest details.
The nation’s airlines scrambled to comply with President Trump’s decree on immigration, but have also struggled with how — or if — to respond publicly.
