A commercial mortgage is a loan made using the cash flow of real estate as collateral to secure repayment of the new loan. Although it is similar to a residential mortgage, the collateral is an apartment building, commercial building or other business real estate, not a residential property.
We offer commercial loans for investment and owner occupied buildings.
In addition, commercial mortgages are usually taken on by businesses instead of individual borrowers. The borrower may be a partnership, incorporated business, or limited liability company.