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FSRA # 13257

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Commercial Mortgages

We Understand Commercial Mortgages and Your Business Needs

Commercial mortgages are not so easily approved these days.  Moreover, a commercial mortgage may take a little creativity and planning to get approved. With this in mind it pays to use an experienced commercial mortgage broker.

Whether you’re looking to invest in commercial real estate or leverage equity from an existing commercial property, we can help you get what you need.The experts at Mortgage Brokers Network have decades of experience helping people with their commercial financing needs. 

Likewise, our network of alternative lenders will take a common-sense approach to your borrowing needs. We know which lenders in our lending pool will approve your mortgage. If you have income concerns or issues with your credit history, our lenders are accustomed to working with unique and challenging applications.

What You Should Know Before Applying for A Commercial Financing

Before you apply for a commercial mortgage you should know the differences between commercial and residential applications. First, a non-residential mortgage will take longer to approve. The average residential mortgage can be arranged in just a couple weeks. Conversely, the approval timeline for a commercial mortgage can take longer. The length of time it takes to obtain a commercial real estate appraisal can cause delays. The type of property and its size will be a factor.

Generally, a commercial mortgage will require some level of customization. Based on the level of complexity, this can also take extra time to sort out. 

A commercial mortgage broker who understands commercial financing will make your application process easier. In fact, an experienced broker can ensure that your financing is handled in the most cost-effective way possible.

We Make Commercial Mortgages Easy

If you need commercial financing, our experts will handle all of the complicated details. In the business world you need financing for many things – it takes money to make money. 

We have access to traditional commercial mortgages financed by the bank and alternative lenders who can approve loans with less “red tape” and fewer restrictions. Having experience and a great network by your side will pay off. We can arrange mortgages on almost any type of property.

How You Can Use Your Commercial Loan

 When it comes to commercial real estate, we routinely help business owners and investors with the following:

  • New office space
  • Retail space
  • Hotels and businesses used for hospitality purposes
  • Multi-residential/multi-family properties
  • Vacant land to develop
  • Industrial space/units
  • Special purpose properties such as gas stations or places with environmental concerns
  • Mixed use properties such as an office building with main floor retail space to lease

Similar to residential ownership, a commercial mortgage will also come with options. For example you may be able to choose between a fixed rate or a variable rate. A mortgage broker can help you decide which option makes the most sense based on how long you wish to amortize your payments.

Apply for Your Next Commercial Mortgage with Mortgage Brokers Network

We can be your best ally during the commercial lending process. We’ll work to get your application approved and we’ve got the network to back that up. Our alternative lenders are flexible and our decades of experience can work to your advantage. We are Canada’s choice for commercial financing for Canadian entrepreneurs. 

Discover what 30 years of experience can do for you and your business goals.

Find out why Canadians choose the Mortgage Brokers Network

Thinking of getting a commercial mortgage?

Complete the contact form below and find out why our clients rave about us! Let us help you explore your options.
Term Posted Rate Our Rate Claim This Rate
Home Equity Line of Credit Prime +1% Prime +.50% Claim Rate
Fixed 1 Year 3.14% 2.09% Claim Rate
Fixed 2 Year 3.19% 1.99% Claim Rate
Fixed 3 Year 3.49% 2.24% Claim Rate
Fixed 4 Year 3.74% 2.29% Claim Rate
Fixed 5 Year 4.59% 2.44% Claim Rate
Variable 5 Year 5.80% 1.15% (prime -1.30%) Claim Rate
Fixed 10 Year 5.90% 2.99% Claim Rate