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What exactly do commercial property mortgage bankers do?

Do they need a license?

Do they get paid by commission or salary?

Average pay for someone starting in the biz?

Pros and cons and your overall impressions of the industry?

 

I have a second mortgage on my personal property with a 6.50% I want to refinance a commercial property and pay off that second mortgage. My first mortgage has a 4.7% My commercial property has a 6.50% This is a 5 year balloon rate the 5th year is quickly approaching. What should i do? Would [...]

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