You might choose to get a commercial mortgage for various reasons, such as help with purchasing a property, support expanding your business operations, tax purposes, or help with access to capital. Jason Anbara looks forward to discussing your situation, with the objective of identifying a solution that aligns with both your personal and business requirements.
When considering your commercial mortgage options, working with a trusted broker means you can have access to various lenders. Amongst these options, we can secure you the best rates and terms that you can easily meet.
With a fixed-rate mortgage, the interest rate is set at the beginning of the term and remains the same throughout the entire term of the mortgage. With a variable-rate mortgage, the interest rate fluctuates based on the prime lending rate. We can assist in navigating these changes, providing you with the best possible guidance to align with your financial goals and risk tolerance.
A bridge mortgage is a short-term loan that is typically used to finance the purchase of a new property before the sale of an existing property is completed. Our expertise ensures seamless assistance throughout this process, enabling you to repay the loan promptly upon completion of the existing property's sale.
A construction mortgage is used to finance the construction of a new commercial property. The funds are typically dispersed in stages as the construction progresses. Our expertise guarantees rigorous supervision during every stage, delivering a smooth and cohesive financial experience for your construction project.
When working with commercial mortgages, we understand that the rates are of increased concern for our clients. We’ll focus on getting you the best deal, depending on the lender and your needs. Generally, fixed rates can range from 2.49% to 4.99%, and variable rates can range from 1.99% to 3.49%. A bridge mortgage interest rate can be between 6% to 12%, while construction loans typically have higher interest rates than other options, with rates ranging from 5% to 12%.
We’ll walk you through the commercial mortgage process with precision so you can secure a loan that can ultimately help grow your business.
After obtaining your basic information, the application process can proceed to the next steps with ease.
We analyze interest rates from over 67 lenders to find the most optimal options available.
Upon discovering the most favourable rates, we will assist you in comprehending the details associated with the available products.
After you have selected the most suitable option, we will proceed with your application.
We will keep you informed about the possible timeline, and before you know it, your commercial mortgage will be approved.
As a business client, we understand securing a commercial mortgage is incredibly important to your operations. We’ll make the process seamless so you can get back to focusing on your company.