A commercial mortgage is a mortgage taken out on commercial real estate (as opposed to residential) using the property as collateral. The borrower is generally a company or business as opposed to an individual.
Obtaining a commercial mortgage can be more complicated with this type of mortgage at traditional lending institutions due to the increased risk.
We have several lenders that are available to lend on commercial properties. These lenders will look at the full picture including income derived from the commercial property.
Take a few minutes to request a call back and one of our experienced team members will give you a call back as soon as possible.