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TMG The Mortgage Group (Ontario) Inc.

Mortgages Explained – Commercial Mortgages

Get financing for your Kitchener commercial property with our Commercial Mortgages and refinancing.

Secure your business's future with a flexible and affordable commercial mortgage with the best mortgage rates in the GTA.

What is a Commercial Mortgage?

If you're looking to buy or refinance a commercial property for your business, you'll need a Commercial Mortgage. A Commercial Mortgage is a type of loan designed specifically for businesses that need to purchase or refinance properties such as offices, retail spaces, warehouses, and more.

With a Commercial Mortgage, you can get the financing you need to expand your business, buy new equipment, or make necessary renovations to your property. And because the loan is secured against the property, interest rates are typically lower than other types of business loans.

We have the best commercial mortgage rates in Kitchener - Waterloo and the GTA

Benefits of a Commercial Mortgage

There are many benefits to choosing a Commercial Mortgage for your business financing needs. Some of these benefits include:

  1. Flexible financing options: Commercial Mortgages can be customized to fit your business's unique needs. Whether you need a long-term or short-term loan, a fixed or variable rate, or a larger or smaller down payment, there are many options available.
  2. Lower interest rates: Because Commercial Mortgages are secured against the property, interest rates are typically lower than other types of business loans.
  3. Tax benefits: Interest payments on Commercial Mortgages are tax-deductible, which can help lower your business's overall tax burden.
  4. Ownership and equity: As you make payments on your Commercial Mortgage, you'll build equity in the property, which can be used as collateral for future loans or sold for a profit.

How to Qualify for a Commercial Mortgage

To qualify for a Commercial Mortgage, you'll need to provide proof of income and creditworthiness, as well as a detailed business plan that outlines how you plan to use the loan. You'll also need to have a down payment ready, typically between 15% and 35% of the property's value.

Steve Futyer, at TMG The Mortgage Group, makes the Commercial Mortgage application process as easy and streamlined as possible. He'll work with you to gather all the necessary documentation, and he'll keep you informed every step of the way. With Steve's fast and efficient approval process, you could be approved for your Commercial Mortgage in just a few days.

Get started today and apply for a Commercial Mortgage with our easy online application.

10 Second Mortgage Application

Complete this form to start your mortgage application!

Get started now and Steve will contact you for any additional information needed. Include in your message the type of mortgage you want (please do not include any personal financial info).