Finance
A Minnesota commercial borrower who needs a loan greater than conventional conforming limits would seek a:
AFHA commercial loan
BCommercial mortgage through a bank, insurance company, or CMBS (commercial mortgage-backed securities) market✓ Correct
CVA commercial loan
DUSDA commercial loan
Explanation
Commercial real estate financing in Minnesota is typically obtained through commercial banks, life insurance companies, conduit lenders (CMBS), credit unions, or private lenders. FHA and VA programs are primarily for residential loans. Commercial loans have different underwriting standards, typically based on the property's income-producing ability.
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