Commercial Mortgages

Commercial Mortgages

Whether you are looking for a commercial mortgage to finance the purchase, renovation or refurbishing of properties, our knowledgeable account managers will work with you to find the right solution for you and your business. We can help with your most basic or sophisticated commercial mortgage needs, including multi-family residential properties, subdivision developments, retirement homes, industrial complexes and manufacturing premises. Our locally based Business Account Managers have a solid knowledge and understanding of your local community, market and economy. In addition, having local decision-makers means we can offer timely turnaround on your application.

Commercial mortgages are available with fixed or floating (variable) interest rates, as well as flexible terms, amortizations and repayment options.

Commercial mortgages are available for the purchase of land, buildings and for renovations and additions. Features include:

  • Mortgages available as a first or second mortgage (second mortgage rate based on your equity).
  • Various fixed-term rates are available from six months to 10 years, so you can match your payment schedule to your income and cash flow.
  • Pre-approved mortgages are available with a 60-day interest rate guarantee. · All transactions are reported on regular statements.
  • Mortgage terms are portable and can be transferred to a new mortgage on a new property.
  • Progressive disbursements are available: take the money as you need it.