$100K - $5M+
Commercial Mortgage
Long-term financing for purchasing, refinancing, or renovating commercial real estate -- offices, retail, industrial, mixed-use.
Commercial Mortgage
$100K - $5M+
Overview
A commercial mortgage provides long-term financing for purchasing, refinancing, or renovating commercial real estate. Whether you're acquiring your first office space, expanding into a retail location, purchasing an industrial facility, or investing in mixed-use property, our lending partners offer competitive fixed and variable rates with terms up to 25 years. We specialize in helping small and mid-size business owners navigate the commercial mortgage process — from property evaluation through closing.
Key Features
- Terms up to 25 years
- Competitive fixed and variable rates
- Purchase, refinance, and renovation
- Multiple property types eligible
Funding Range
$100K - $5M+
Category
Real Estate
Financing solutions for commercial and residential properties.
Ready to get started?
Apply once and we will match you with the best options for your business.
Start ApplicationStep by Step
How Commercial Mortgage works
Describe the property and purpose
Tell us about the commercial property — purchase, refinance, or renovation — along with its location, type, value, and how it will be used for your business.
Provide business and financial documentation
Commercial mortgages require more documentation than shorter-term products. You will need business and personal tax returns, financial statements, a property appraisal, and details about the property's income potential.
Receive matched lender offers
We present offers from lenders who specialize in your property type and deal size, with clear rate comparisons, term options, and down payment requirements.
Close and fund
Once you select an offer, we coordinate the closing process — appraisal, title, legal review, and funding. Typical closings take 30-60 days depending on property complexity.
Why Choose This Product
Built for growing businesses
Build Equity
Stop paying rent. Own your commercial space and build long-term equity in a tangible asset.
Long-Term Stability
Lock in terms up to 25 years. Predictable payments protect you from rising lease costs.
Multiple Property Types
Office, retail, industrial, mixed-use, multi-family — we have lending partners for every property class.
Eligibility
Who qualifies for Commercial Mortgage
- Minimum 600 credit score (commercial mortgages typically require higher credit than shorter-term products)
- At least 2 years in business (preferred; some programs accept less with strong financials)
- Down payment of 10-25% depending on property type and loan program
- Property must generate income or serve as the borrower's primary business location
- Eligible property types include office, retail, industrial, mixed-use, and multi-family
Real-World Scenarios
Common use cases
A law firm purchases a $1.2M office building instead of renewing its lease, locking in a 20-year fixed mortgage and building equity while keeping monthly costs comparable to rent.
A warehouse operator refinances an existing $800K mortgage from a high-rate private lender into a conventional commercial mortgage at a significantly lower rate, saving over $3,000 per month.
A restaurateur buys a mixed-use property — restaurant on the ground floor, rental apartments above — using the rental income to offset the mortgage and reduce the effective cost of the business space.
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Commercial Mortgage vs. alternatives
Commercial mortgages offer the longest terms and lowest rates for real estate, but they require more documentation and longer closing timelines than a bridge loan. If you need to close quickly — for example, to win a competitive bid on a property — a bridge loan can provide interim financing while the commercial mortgage is processed. SBA 504 loans are another option for owner-occupied commercial real estate, offering even lower down payments (as low as 10%) and competitive fixed rates, though the SBA process adds additional requirements. For residential properties used for business purposes, a HELOC or residential mortgage may be more appropriate.
Frequently Asked Questions
Common questions about Commercial Mortgage
Most commercial mortgage programs require a minimum credit score of 600-650, which is higher than many shorter-term business lending products. Strong business financials and property income can offset credit score concerns in some cases.
Commercial mortgages typically take 30-60 days to close, depending on property appraisal, title work, and documentation review. We work to streamline the process, but the timeline reflects the thorough underwriting required for long-term real estate financing.
You will need 2-3 years of business and personal tax returns, current financial statements (P&L and balance sheet), a property appraisal, rent roll (for income properties), purchase agreement, and standard business identification.
Down payments typically range from 10-25% of the property value, depending on the property type, loan program, and your financial profile. SBA 504 loans can offer down payments as low as 10% for owner-occupied properties.
Yes. Many commercial mortgage programs include provisions for renovation financing, either through a construction-to-permanent loan or by rolling renovation costs into the mortgage amount based on the property's projected after-renovation value.
A soft inquiry is used during the initial application. A hard credit pull occurs during the formal underwriting process once you have selected a lender and are moving toward closing.
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