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Private Money Lending Blog

Corey Curwick Dutton

By Corey Curwick | Mortgage Broker
or Lender in Salt Lake City, UT

Bank Financing for Investment Properties Harder to Get in 2013

Experts believe that 2013 will lead to tighter times in bank lending for  investment properties and commercial properties. Banks will be more conservative in the coming year due to preparations for compliance with new banking standards imposed by the Basel III. Not only will banks be wary of renewing debt this year, but they will be extremely picky about issuing new debt, particularly on commercial real estate.

Concerned that 2013 will lead to tighter times in lending? You will certainly want to get a head start on your financing needs in 2013. Start by submitting a short form on our website today: http://privatemoneyutah.com/loan-request-form/ and get a head start on real estate financing for 2013.

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