Commercial Mortgages

Commercial Mortgages are different than residential mortgages. The loan amount that a commercial mortgage lender provides is dependent on a number of factors including:

1) The nature of your business

2) How long you have been in business

3) The the income and cash-flow of your business

Generally, interest rates for commercial mortgages are 0.75% to 1.5% higher than residential mortgages. The loan value a Canadian financial institution offers can be up to 75% of the value of the property held as mortgage collateral.

I have access to all Canadian financial institutions in my commercial mortgage broker’s network.

For more information about commercial mortgages, please contact me at: paul@paulhudsonmortgages.ca