Commercial
- First mortgages to 75% of value
- Second mortgages to 85% of Value
- Acquisition and improvements can be financed to 100% of costs*
- Low or Zero Debt Coverage Ratio*
*conditions apply
Loans secured against Industrial, Office, Mixed Use and Multi-Family Residential (five or more rental units) properties are all considered commercial mortgages. There are a number of institutional and private money sources for these types of loans, each with their own lending guidelines.
Your Time is Money
At 1 City Financial we have the expert knowledge of the commercial mortgage market to quickly determine a short list of potential lenders for any particular property. We then help you determine the “best fit” based on any unique attributes or shortcomings of the property. You get the best mortgage for your commercial property without spending hours of your valuable time in the process.