Commercial Mortgage Loans

In Canada, there are several types of commercial mortgage loans available to businesses and investors for the purpose of financing commercial real estate. Some common types of commercial mortgage loans include conventional mortgages, which are secured by traditional financial institutions, and private mortgages, which are provided by individual investors or private lending companies. Another type of commercial mortgage loan is a construction loan, which provides funding for the development of commercial property. There are also specialized commercial mortgage loans for specific industries or properties such as multi-residential, industrial, and retail properties. Additionally, there are government-backed loans such as the Canada Small Business Financing Program, which offers financing for small businesses. The type of commercial mortgage loan that a borrower chooses will depend on factors such as the type of property, the size of the loan, and the creditworthiness of the borrower.