Commercial Property Financing
At Vancouver Mortgage Team, we have the resources to deal with all aspects of commercial lending, from financing to cover the cost of commercial buildings, to refinancing for renovations, franchising and expansion. Our experienced agents can arrange a commercial mortgage quickly and conveniently, and help borrowers through the complicated commercial lending process. As a business owner, you probably already have a lot on your plate. Why not save yourself the time and let us do the work for you?
What Is Commercial Property Financing?
Commercial lenders have different criteria for each situation and each loan for commercial real estate is packaged differently depending on where the property is located, what it will be used for and what type of return the business is expected to generate. Commercial loans involve large sums of money and more risk for the lender, so they require a lot more documentation and due diligence. This generally requires a review of the borrower’s personal and business tax documents, an appraisal of the property to be mortgaged, and a review of the financial statements of other real estate holdings in the company’s portfolio. At Vancouver Mortgage Team, we have the resources and expertise to streamline this process for borrowers and help them see it through until the loan is closed.
Is a Commercial Loan Right for You?
Commercial real estate loans are complex and involve an extensive application, approval and closing process. Plus, the burden is on borrowers to present a reasonable case to lenders that will ultimately get their request for a loan approved. Our agents have the experience and expertise to help you through this process. And, once you’re approved, we also have the connections to offer competitive rates and the experience to provide high-quality commercial lending services.
Come visit the Vancouver Mortgage Team to learn more about commercial property financing and find the mortgage product that’s right for you.