Commercial Properties 🏬

Expert financing for your commercial property needs

Refinancing your home

Thinking about renovation ?

Thinking about investing in a commercial project?

2-3 min

The Mortgage Professionals is a leading, full-service mortgage team specializing in the financing of premiere residential and commercial real estate to borrowers throughout Western Canada, focused on properties located throughout British Columbia and Alberta.

A commercial mortgage is an option for businesses and investors who wish to purchase or refinance commercial properties with the goal of generating income. Our competitive interest rates and partnership with a wide range of lenders allow us to find solutions that meet the individual needs of each customer.

Are you a business or investor looking for a commercial mortgage to aid with the purchase or refinance of commercial property? Our team provides commercial mortgages for purchasing and refinancing all types of commercial properties. Whether it’s a high-rise residential, industrial, shopping centres, multi-family housing, office space or land, our expertise covers a very diverse range of real estate development and investment properties.

It can be difficult to compare rates for commercial mortgages, as the lending criteria are not typically advertised, and the terms and conditions can differ greatly. This is where a professional mortgage broker is even more invaluable. A commercial mortgage broker is familiar with office, industrial, retail and rental properties, and can find the right lender in your area.

There are several reasons why someone might undertake a mortgage for a commercial property: 

  1. Investment: A commercial property can generate income through rent, which can provide a steady stream of income for the owner. 

  2. Business expansion: A business owner may need more space to accommodate their growing business, and purchasing a commercial property can provide the necessary space.

  3. Diversification: Some people may choose to invest in commercial property as a way to diversify their investment portfolio. 

The Commercial Mortgage process

There are some differences in the mortgage requirements and process for a commercial mortgage compared to a residential mortgage:

  1. Down payment: Commercial mortgages typically require a larger down payment than residential mortgages. This is because commercial properties are generally more expensive and riskier for lenders. 

  2. Credit score: Commercial mortgage lenders may place more emphasis on the borrower's credit score and financial stability. 

  3. Income documentation: Commercial mortgage lenders may require more documentation of the borrower's income and financial statements. 

  4. Collateral: Commercial mortgage lenders may require additional collateral, such as personal assets or other properties, to secure the loan. 

  5. Interest rates: Commercial mortgage interest rates may be higher than those for residential mortgages due to the additional risk involved in lending for commercial properties. 

  6. Loan terms: Commercial mortgage loan terms may be shorter than those for residential mortgages, often ranging from 5 to 20 years. 

  7. Closing process: The closing process for a commercial mortgage may be more complex than that for a residential mortgage, as there are often more parties involved, such as lawyers and appraisers.

The Mortgage Professionals works with Canada’s largest mortgage broker network – Dominion Lending Centres – which gives us access to the very best commercial mortgage products and rates available across Canada. If you’re planning to buy or refinance a commercial investment property, let us do the work for you. We will locate the optimal mortgage from our vast network of banks and credit unions, and provide you with the best commercial mortgage at the lowest rate.

Contact us today for your free, no-obligation mortgage assessment.

Get the mortgage help you need, right here.

Get the mortgage help you need, right here.

Nikki Hawke
Nikki Hawke
2022-05-31
Darcy is so personable, reliable and always puts his client’s needs and profile at the heart of the work. He goes the distance and is a master negotiator. Sam is a pleasure to work with too. I’ve funded two mortgages with this team and I’m won’t work with anyone else.
Rebecca Andreola
Rebecca Andreola
2022-05-16
Cannot say enough good things about The Mortgage Professionals. We were so happy we had the chance to work with Darcy as our Mortgage Broker. As first time home buyers, we were immediately put at ease by Darcy and Samantha, and knew that we were in good hands. They worked hard for us and we were very pleased with the services. Highly recommend them for anyone needing a confident team working on your behalf that will put you first.
Alexander Hamilton
Alexander Hamilton
2022-04-08
I reached out to Darcy because I was having problems with the mortgage broker I was dealing with. It took no time for Darcy to get the ball rolling on the Mortgage refinance we needed help with. In the span it took him to be introduced to me, to applying and funding the mortgage the individual who I dealt with before has never responded. Darcy and his team are the best around!
Wendy Wallach
Wendy Wallach
2022-03-25
Darcy and Samantha are very helpful and would respond to my questions very quickly (even after what I would think would be office hours). They never made me feel stupid when I would ask my sometimes repetitive questions. They worked hard at getting me the best rate for my mortgage. My friends are always amazed at the rate they can get me. They are also very friendly and express thanks when I reply quickly. Thank you , Darcy and Samantha
Genevieve Deacon
Genevieve Deacon
2022-02-07
Would recommend to family and friends, no hesitation. Darcy and his team are always available for questions and concerns, and they made the entire process unbelievably smooth.
Jeremy Farnsworth
Jeremy Farnsworth
2022-02-04
This is my fourth mortgage with Darcy. He has always been very professional and helpful finding us the best mortgage product and rate.
Duncan Miller
Duncan Miller
2021-11-03
Darcy and his team did an excellent job arranging financing on our first home purchase! They were responsive and they got the job done right in a tight time frame. Would highly recommend them especially in today's competitive markets.
Karly Cook
Karly Cook
2021-10-22
We had an absolutely seamless experience with Darcy and Samantha. Their responsiveness and clarity made it so easy to work with them. Everything was taken care of us from start to finish!