Commercial Mortgage Financing
Buy, Remodel or Refinance your business with a commercial mortgage
What Is a Commercial Mortgage?
A Commercial Mortgage allows business owners and investors to finance commercial real estate, whether purchasing, refinancing, or renovating a property. These mortgages are structured to meet the unique needs of income-generating or business-use properties, providing flexible terms to support growth, expansion, and long-term financial goals.
Why Should I Consider a Commercial Mortgage?
A commercial mortgage is ideal if you want to purchase a new property, refinance an existing one, or fund renovations. Jackie Woodward helps Alberta business owners and investors understand lender options, secure competitive rates, and structure financing that aligns with cash flow and business plans. Early planning ensures a smooth process and maximizes financial flexibility.
Step-by-Step Guide to Securing a Commercial Mortgage
Review Your Business Needs:
Determine your financing requirements for purchase, refinance, or renovations.
Consult With a Broker:
Jackie reviews your financials, property details, and lending options to recommend the best mortgage strategy.
Gather Required Documents:
Provide business statements, tax returns, property appraisals, and any relevant contracts.
Submit Your Application:
Complete and submit documentation promptly to secure approval and access funds efficiently.
Commercial Mortgage Financing FAQ
What is a commercial mortgage?
A commercial mortgage is a loan for business or investment properties, structured to meet unique financial and property needs.
Can I use a commercial mortgage to renovate a property?
Yes. Commercial mortgages can finance renovations, expansions, or improvements to income-generating properties.
How is a commercial mortgage different from a residential mortgage?
Commercial mortgages consider business income, cash flow, and property value rather than personal income alone. Terms, rates, and qualification requirements differ.
Are there fees or prepayment penalties?
Some lenders may charge fees or penalties, so it’s important to review terms with your broker.
Can Jackie help me find the best lender for my business property?
Absolutely. Jackie works with multiple lenders to secure competitive rates and tailored solutions for Alberta businesses and investors.
Happy House Hunting!
The Mortgage Girl offers mortgage services across Alberta, including Edmonton, Gibbons, St. Albert, Sherwood Park, Thorsby, Millet, Leduc, Stony Plain, Spruce Grove, Fort Saskatchewan, and surrounding areas, with the ability to assist clients anywhere in Canada.