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A MORTGAGE
FOR EVERY NEED

The Mortgage Firm specialize in providing financing for businesses looking to purchase or refinance commercial properties. Whether you are in need of a loan for an office building, retail space, industrial facility, or construction financing, we have a variety of options to suit your needs.

Buy commercial property

Types of Commercial Mortgages:

There are several types of commercial mortgages to choose from, depending on your specific needs and financial situation. Some options include:

  • Commercial mortgage: A mortgage specifically designed for purchasing or refinancing commercial property.

  • Construction financing: A type of loan used t cover the cost of materials, labor, and other expenses associated with the construction process.

In addition to these general types of commercial mortgages, there are also specific mortgage options available depending on the type of property you are looking to purchase or refinance. These include:

  • Office building mortgage: A mortgage specifically for purchasing or refinancing an office building.

  • Retail property mortgage: A mortgage specifically for purchasing or refinancing a retail property.

  • Industrial property mortgage: A mortgage specifically for purchasing or refinancing an industrial property.

Mortgage Options

In addition to the type of property you are looking to purchase or refinance, there are also different mortgage options to consider. These include:

  • Fixed-rate mortgage: A mortgage with a fixed interest rate for the entire term of the loan.
  • Adjustable rate mortgage: A mortgage with an interest rate that adjusts periodically based on market conditions.
  • Refinance: The process of obtaining a new mortgage to pay off an existing mortgage, often with the goal of obtaining a lower interest rate or more favorable terms.

Eligibility Requirements

To be eligible for a commercial mortgage, you will typically need to meet certain requirements. These may include:

  • Credit score: A measure of your creditworthiness based on your credit history. A higher credit score may make you more likely to be approved for a commercial mortgage.
  • Debt-to-income ratio: A ratio calculated by dividing your monthly debt payments by your gross monthly income. A lower debt-to-income ratio may make you more likely to be approved for a commercial mortgage.
  • Down payment: The amount of money you are able to put down upfront when purchasing a property. A larger down payment may make you more likely to be approved for a commercial mortgage.
  • Income and assets: Lenders may consider your income and assets when determining your eligibility for a commercial mortgage.

Process and Paperwork

Obtaining a commercial mortgage can be a complex process with a lot of paperwork involved. Some of the steps you may encounter include:

  • Application: The first step in the process of obtaining a commercial mortgage is usually to submit an application to a lender or mortgage broker. This will typically involve providing information about your business, the property you are looking to purchase or refinance, and your financial situation.
  • Pre-approval: After reviewing your application.
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Your mortgage matters. To learn about your mortgage options, lock in your mortgage rate and more – whatever you need, we’ll do the work for you.