A Commercial Mortgage
Is Commonly Used For:

  • Businesses investing in income-producing real estate properties greater than $500,000
  • Financing multi-residential (minimum 7 rental units), industrial, office or retail property
  • Financing properties that are readily marketable and located in an active resale and rental market

Eligibility Requirements:

  • Mortgages require a current appraisal (AACI qualified, bank approved appraiser), a passing Environmental report (Phase I ESA), and may require a Building Condition Report
  • Canada Mortgage and Housing Corporation (CMHC) requests, if required, must comply with CMHC guidelines

Key Benefits

  • Competitive interest rates, terms and conditions
  • Variable and fixed rate options are available, with the ability to convert from variable to fixed if interest rates fluctuate
  • CMHC insurance is available when required

What Else Do You Need to Know?

Business Loan Insurance Plan* is available for commercial mortgages up to $1,000,000 (certain conditions may apply).

Ready to Get Started?

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1-800-769-2520

1-800-769-2520

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