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Introduction to commercial mortgages

Commercial Mortgages Buyer's Guide

Updated: October 2008

Is your business looking to purchase commercial property? Commercial mortgage lenders can provide the funding you need.

Banks and other institutions offer a variety of different lending programs and repayment options so you can select the type of commercial mortgage that best fits your business.

Obtaining a commercial mortgage isn’t as easy as getting a home mortgage – it requires a considerable investment, a strong business history, and a large amount of paperwork. First, you must find a building to purchase before you can even apply for a commercial mortgage. Next, you may need to have the property appraised and show proof that the building is environmentally safe. You also must show you can keep up with monthly payments to avoid losing your property.

This BuyerZone Commercial Mortgage Buyer’s Guide can help you avoid the most common mistakes commercial mortgage shoppers make by explaining:

  • How a commercial mortgage works
  • What your responsibilities are
  • The types of commercial mortgages available
  • How to select the best lender
  • What the various costs are

Once you assess your commercial mortgage needs, BuyerZone can immediately provide you with free custom quotes from multiple commercial mortgage lenders.


 

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