Northport, NY. Sponsored Topics. Northport is a village in Suffolk County, New York on the North Shore of Long Island. As of the United States 2000 Census, the village population was 7,606. Students attend the Northport-East Northport Union Free School District.
Many commercial loans are bridge loans where a higher rate is a good trade off for the speed with which the loan is delivered and the flexibility of the finance terms behind it. Commercial lending industry
Both term mortgages and commercial mortgages are types of loans taken out by businesses. While a term mortgage is generally a short-term, temporary fix to a changing real estate market, commercial mortgages tend to be longer term in nature. Both types have their specific uses in terms of business management. A term mortgage is one that is generally rather short, usually five years in length or less.