Commercial mortgages private and with banks
January 26, 2019 | Posted by: Alex Vinarski
Commercial mortgages, rates from 2% (on large mortgages). Many years of experience. Access to all kind of lenders: from big banks to small banks and Credit Unions, and private lenders. No personal income required for commercial mortgages. If there is not enough funds for down payment, mortgage can be arranged with 2 lenders as 1st and 2nd (usually private).
Special programs for professionals (doctors, chiropractors, veterinaries etc) that allow to buy commercial property for office with 0% down payment.
For construction mortgages banks required personal income, but mortgage can be also arranged with private lender without income verification.
Commercial's types of lending to be considered (but not limited to):
Multi-family (rental) apartment (CMHC and conventional)
Condominium interim construction (CMHC and conventional)
Health care /assisted living (CMHC and conventional)
Interim construction (residential and commercial)
Hospitality (hotels / motels)
Mortgage debt consultation and re-structuring