Commercial Mortgages

Commercial Property Financing Made Easy
When it comes to securing financing for your commercial property, MK Mortgages is here to help. Whether you’re looking to purchase an office building, a retail space, or an industrial property, we specialize in finding commercial mortgage solutions tailored to your business needs. Our experienced team works closely with you to ensure you get the right mortgage terms that will allow your business to thrive. We understand that each commercial property is unique, and we’re committed to helping you navigate the complexities of commercial financing, securing the best rates and terms available.
Let’s Make Your Next Move Smarter
Benefits

Flexible Terms
We offer a range of flexible mortgage options that cater to different types of commercial properties, ensuring you have the right fit for your business goals.

Competitive Rates
Leverage our extensive network of lenders to secure the most competitive rates available, helping you manage costs and maximize profitability.

Quick Approval Process
With our streamlined approval process, you’ll be able to access the funds you need faster, so you can act on business opportunities with confidence.

Expert Guidance
Our team brings years of experience to the table, providing expert advice and ongoing support throughout the life of your commercial mortgage.
Key Insights on Commercial Mortgages
A commercial mortgage is a loan designed for purchasing or refinancing commercial properties. It typically involves more complex terms compared to residential mortgages, as the property will be used to generate income for your business. Unlike residential mortgages, lenders will look more closely at the income-generating potential of the property, your business’s financials, and other factors like your credit history. A commercial mortgage can provide the capital needed to expand your business, invest in new assets, or secure your company’s future.
Frequently Asked questions
You can finance a wide range of commercial properties, including office buildings, retail spaces, industrial properties, multi-family units, and more. Our team can help you find the right financing solution for your specific property type.
Commercial mortgages are typically for properties used to generate income, while residential mortgages are for homes. Commercial mortgages often come with higher interest rates and stricter qualification criteria, but they offer larger loan amounts and longer repayment periods.
The required down payment can vary, but typically, lenders will ask for at least 20% to 30% of the property’s purchase price. Your business’s financial health and the property’s value can influence this requirement.
Yes, refinancing is a common use of commercial mortgages. This can help you take advantage of better interest rates, consolidate debt, or free up capital for business growth.
The approval process for a commercial mortgage can vary depending on the complexity of your application, but on average, it may take a few weeks. Our team at MK Mortgages works to expedite the process and get you the funds you need faster.