Commercial Property Mortgage

A commercial property mortgage is a loan used to buy, develop, or refinance real estate primarily for business purposes, such as office buildings, retail spaces, or warehouses. Unlike residential mortgages, which finance homes, these loans typically involve larger amounts, different terms, and specific underwriting criteria focused on the property's income potential. Borrowers repay the mortgage over time, usually with interest, and the property itself serves as collateral. If the borrower defaults, the lender can take ownership of the property. Commercial property mortgages are essential for businesses looking to invest in real estate assets.