Commercial Mortgage Services
A commercial mortgage is similar to a residential mortgage in that the lender uses the property as collateral to secure the loan. You can apply for this loan in the form of a first, second, or even third mortgage. There are some instances when the investor may be required to use properties to secure the loan, as a way to account for any limitations to the available equity or your capacity to qualify for the full loan amount applied for.
Regardless of your situation, I can help to streamline the application and approval process of your commercial mortgage or industrial mortgage for any amount in the range of $100,000 to $100,000,000 and even beyond.
Understanding Commercial Mortgage in Detail
Investors looking for a commercial mortgage or to refinance a property in their possessions often face great difficulty in the process. That is why you may require the assistance of commercial mortgage brokers to facilitate the process.
There are different types of properties that may qualify for a commercial mortgage, including:
Raw land
Factories
Hospitality
Apartment buildings (from fourplex to high rise)
Institutional and specialty properties
Land servicing and development
Retail plazas
Office units
Hotels
Shopping malls, etc.
Lenders examine any risk factors in your commercial mortgage application, which may require additional information that is not necessary when applying for residential loans. Most industrial mortgage applications require an appraisal, though some lenders may require an environmental study on the site of the property and the property itself. Other factors that may affect the process of getting your commercial application include income statements, lease agreements, the condition of the property, quality of tenants, and many more.
The information collected helps the lender better understand and assess the deal to make a decisive conclusion about your commercial mortgage application.
Having a financial plan for your property or business can help to influence a lender to grant your commercial or industrial mortgage under favorable terms, especially if they feel confident of your ability to deliver a steady income from their investment, besides simply securing the commercial property. Providing the lender with proof of the monthly revenue obtained from the property will give them peace of mind and subsequently reduce your interest rate and boost your savings.
Why You Need a Commercial Mortgage
The interest rates for commercial mortgages tend to be slightly higher than for residential mortgages, especially if you approach lenders that typically provide residential mortgages, such as banks, trust companies, and credit unions. Fortunately, I can help you qualify for a first commercial mortgage with lower interest rates, if it’s insured by a third-party mortgage insurance policy.
I can also help you navigate the mortgage application process, which requires more documentation compared to a residential mortgage, saving you a lot of time and effort. By leveraging our networks in the industry, I can present you with a variety of commercial and industrial mortgage solutions from a range of favorable commercial mortgage lenders, including custom tailored options that specifically address your needs and goals.
We strive to provide our clients with an expedited and hassle-free loan application process that not only involves finding the most suitable lender and commercial mortgage product for your business needs, but also getting your loan approved faster.
Regardless of your situation, I can help to streamline the application and approval process of your commercial mortgage or industrial mortgage for any amount in the range of $100,000 to $100,000,000 and even beyond.
Understanding Commercial Mortgage in Detail
Investors looking for a commercial mortgage or to refinance a property in their possessions often face great difficulty in the process. That is why you may require the assistance of commercial mortgage brokers to facilitate the process.
There are different types of properties that may qualify for a commercial mortgage, including:
Raw land
Factories
Hospitality
Apartment buildings (from fourplex to high rise)
Institutional and specialty properties
Land servicing and development
Retail plazas
Office units
Hotels
Shopping malls, etc.
Lenders examine any risk factors in your commercial mortgage application, which may require additional information that is not necessary when applying for residential loans. Most industrial mortgage applications require an appraisal, though some lenders may require an environmental study on the site of the property and the property itself. Other factors that may affect the process of getting your commercial application include income statements, lease agreements, the condition of the property, quality of tenants, and many more.
The information collected helps the lender better understand and assess the deal to make a decisive conclusion about your commercial mortgage application.
Having a financial plan for your property or business can help to influence a lender to grant your commercial or industrial mortgage under favorable terms, especially if they feel confident of your ability to deliver a steady income from their investment, besides simply securing the commercial property. Providing the lender with proof of the monthly revenue obtained from the property will give them peace of mind and subsequently reduce your interest rate and boost your savings.
Why You Need a Commercial Mortgage
The interest rates for commercial mortgages tend to be slightly higher than for residential mortgages, especially if you approach lenders that typically provide residential mortgages, such as banks, trust companies, and credit unions. Fortunately, I can help you qualify for a first commercial mortgage with lower interest rates, if it’s insured by a third-party mortgage insurance policy.
I can also help you navigate the mortgage application process, which requires more documentation compared to a residential mortgage, saving you a lot of time and effort. By leveraging our networks in the industry, I can present you with a variety of commercial and industrial mortgage solutions from a range of favorable commercial mortgage lenders, including custom tailored options that specifically address your needs and goals.
We strive to provide our clients with an expedited and hassle-free loan application process that not only involves finding the most suitable lender and commercial mortgage product for your business needs, but also getting your loan approved faster.