commercial mortgages
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Martin has a great deal of experience with Commercial Mortgages and has done them for businesses and individuals from Georgian Bay to Muskoka to downtown Toronto.
A commercial mortgage is a loan taken out on commercial real estate with the property as collateral. Borrowers tend to be a company or business as opposed to an individual and the business may be either a partnership, limited company or incorporated or they can be a sole proprietor. |
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Martin is a commercial property mortgage specialist. He has access to all of the Credit Unions and knows the criteria that they are looking for. He also knows that it can be difficult to compare commercial mortgage rates as lending criteria are usually not advertised. As well, terms and conditions can vary widely between lenders on the same property.
This type of transaction is where Martin shines as he deals with office, industrial, retail and rental apartment properties and can connect with a number of lenders who will assess the risk associated with the individual property as commercial properties as repayment is dependent on the success of the business. Once he has the offers along with the terms and conditions from these lenders he will then evaluate them and identify the best solution for his client. |
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