Commercial Mortgages

There are a few type of commercial mortgages:

  • Owner user type mortgage, buyer is the user for the commercial property, banks can finance with a down payment as low as 15% to 25%. Buyers need to provide three year business financials for bank to qualify.
  • Investment property mortgage, retail mall, multi-family apartment, and commercial rental properties, banks require 25% down payment, and the rental income shall be able to support the mortgage and all expenses.
  • Business with Property mortgage, gas station, motel & hotel, grocery store with property, restaurant with property, banks require 35% to 45% down payment, and three year financials to qualify.