Lenderoo
LoginApply now
Commercial Property Financing

Commercial Mortgages in Canada

Flexible financing solutions for your commercial real estate investments. We shop 40+ lenders and match you with a top mortgage professional to find competitive rates

Get a QuoteFind My Best Mortgage

What Are Commercial Mortgages?

Commercial mortgages are specialized loans designed to finance the purchase, refinancing, or development of commercial real estate properties. Unlike residential mortgages that individuals use to buy homes, commercial mortgages serve businesses, investors, and entrepreneurs looking to acquire income-generating properties.

These mortgages differ from residential financing in several key ways. They typically require larger down payments, have shorter loan terms, and are evaluated based on the property's income-generating potential rather than just the borrower's personal income. The underwriting process considers factors like the property's cash flow, debt service coverage ratio, and overall market conditions.

Whether you're expanding your business operations, investing in rental properties, or diversifying your investment portfolio, commercial mortgages provide the financial leverage needed to acquire valuable commercial real estate assets.

Types of Commercial Properties We Finance

We provide financing solutions for a wide range of commercial property types across Canada

Office Buildings
Professional office spaces from small buildings to large commercial towers
Retail Spaces
Shopping centers, standalone stores, and retail plazas
Industrial Properties
Warehouses, manufacturing facilities, and distribution centers
Multi-Unit Residential
Apartment buildings and residential complexes with 5+ units
Mixed-Use Developments
Properties combining commercial and residential spaces
Special Purpose Properties
Hotels, gas stations, medical facilities, and unique commercial properties

Key Features & Benefits

Advantages of choosing our commercial mortgage solutions

Flexible Financing Options
Customized loan structures to match your investment strategy
Longer Amortization
Amortization periods up to 25 years for lower monthly payments
Competitive Interest Rates
Access to competitive rates from multiple lenders
Quick Approval Process
Streamlined application and faster decision timelines
Expert Commercial Professionals
Get matched with mortgage professionals who have deep commercial lending expertise
Customized Solutions
Tailored financing solutions for your specific needs

Qualification Requirements

Understanding what lenders look for in commercial mortgage applications

The Commercial Mortgage Process

A clear roadmap from application to funding

1
Initial Consultation
Discuss your commercial property goals and financing needs with our experts
2
Property Evaluation
We assess the property, market conditions, and income potential
3
Application and Documentation
Complete the application with required business and property documentation
4
Underwriting and Approval
Lender reviews financials, property appraisal, and environmental reports
5
Closing and Funding
Finalize legal documents and receive your commercial mortgage funding

Commercial vs Residential Mortgages

Understanding the key differences

Commercial Mortgages
  • -Evaluated based on property income and cash flow
  • -Typical down payment: 20-35%
  • -Amortization periods up to 25 years
  • -Shorter loan terms (5-10 years typically)
  • -Higher interest rates than residential
  • -More complex approval process
  • -Personal guarantees often required
  • -Prepayment penalties may apply
Residential Mortgages
  • -Evaluated based on borrower's personal income
  • -Down payment as low as 5% (with insurance)
  • -Amortization periods up to 30 years
  • -Longer loan terms (up to 10 years)
  • -Lower interest rates
  • -Simpler approval process
  • -Borrower personally liable
  • -More flexible prepayment options

Frequently Asked Questions

Common questions about commercial mortgages

Ready to Finance Your Commercial Property?

We'll connect you with a top mortgage professional in our network who shops 40+ lenders to find the right financing solution for your business investment. Get started today with a free consultation and competitive rate quote.

Get a QuoteContact Our Team
Lenderoo

Canada's mortgage platform. We shop 40+ lenders to find your best mortgage and match you with top mortgage professionals — on your side, not the banks.

Ottawa Office
45 O'Connor, Suite 828
Ottawa, ON K1P 1A4
Toronto Office
383 Broadview Ave
Toronto, ON M4K 2M7
Toll-Free: 1-833-222-2027
Tel: 613-800-0000
info@lenderoo.com
Follow Us

Services

  • All Services
  • First-Time Home Buyers
  • Pre-Approval Mortgages
  • Mortgage Refinancing
  • Mortgage Renewals
  • Investment Property Mortgages
  • New to Canada Mortgages
  • Reverse Mortgages
  • Second Mortgages
  • Debt Consolidation Mortgages
  • Credit Repair
  • Renovation Mortgages
  • Home Equity Lines of Credit
  • Self-Employed Mortgages
  • Private Mortgages

Resources

  • Mortgage Calculator
  • Affordability Calculator
  • Refinance Calculator
  • Budgeting Calculator
  • Savings Goal Calculator
  • Mortgage Rates
  • Mortgage Glossary
  • Resources Hub
  • Helpful Links
  • FAQs

Guides

  • Personal Finance Basics
  • Budgeting & Planning
  • Credit Management
  • Home Buying Guide
  • Investing Guide

Company

  • About Us
  • Client Testimonials
  • How Lenderoo Works
  • The Lenderoo Foundation
  • Careers
  • Contact
  • Apply Now
  • Blog

For Business

  • Partnerships
  • For Real Estate Agents
  • For Financial Advisors & Planners
  • For Home Builders & Developers
  • For Legal Professionals
  • For Insurance Brokers
  • For Technology Companies

Stay Updated with Lenderoo

Our promise: we will never sell or share your information.

Copyright 2024 Lenderoo. All rights reserved. | Powered by Neighbourly

Privacy Policy|Terms of Service|Accessibility|Sitemap|Agent Login