Arranging a Commercial Mortgage

The expertise we bring and our 3-step process save you time when applying for a commercial mortgage, and, in the end, save you money with the commercial mortgage you obtain:

  1. Consultation: we consult with you to get a thorough understanding of the project and your financial resources of the borrower. Our goal is to get a clear picture of the intended use of the property being financed and the economic benefit.
  2. Preparation: We prepare a financial proposal for the lender, whether if be institutional, private or syndicate (a group of lenders who participate in the funding of commercial mortgages). The proposal will present a solid business case for your financing request and address any concerns or issues the lender may have concerning the transaction.
  3. Negotiation: We negotiate with the lender on the terms to help lower your borrowing costs. There are no standard rates on commercial mortgages. We rely on the strength of our relationships with the lenders and our ability to build a solid business case for your commercial mortgage financing request to get the best rate and fees.

Commercial Mortgages fall into their own class of financial products.

They are different because there is no standard methodology that all lenders use to underwrite them so they require a lot more expertise to successfully put together.

Lenders typically underwrite each commercial mortgage transaction according to the merits of the proposal and the financial strength of the borrower. Once the lender is satisfied with the risk in funding the commercial mortgage or project, they will then decide on price.

Commercial mortgages are a highly specialized area of mortgage lending that covers a wide variety of property types, including:

  • Industrial Buildings
  • Office Buildings
  • Warehouse Spaces
  • Industrial Condominiums
  • Mixed Use Properties
  • Multi-Unit/High Rise Buildings
  • Retirement Homes
  • Retail Plazas
  • Medical/Office Plazas

It’s important to work with a mortgage professional who has experience in arranging a commercial mortgage on the type of property you are attempting to purchase or refinance.

The commercial mortgage professionals at Main Street Mortgages have the relationships and the reputation with commercial lenders to get you the financing to meet your commercial mortgage needs.

Let the commercial mortgage professionals here at Main Street Mortgages use our expertise to arrange the right mortgage to suit your commercial needs.