A commercial mortgage loan gives your business the money necessary to purchase property such as land or an office building. A commercial mortgage loan can also be used for construction to build up business property and business real estate.
Find a commercial mortgage loan at the right interest rate by running a search in our FREE business capital search engine and directory.
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“We closed a deal and found two new brokers in just 15 days!” Caroline Ogutu – Actrade Capital, Inc. |
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| Capital Type | Capital Type Definition |
|---|---|
| Acquisition and Development | Raw land development (streets, utilities, etc.) |
| Adjustable Commercial Mortgage | Interest moves with a specific index (Prime, T-Bills, etc.) |
| Construction Mini-Perm | Construction with 3 to 5 year loan, usually on income property. |
| Construction Loan with Take-out | Construction with pre-arranged takeout loan in place. |
| Fixed Rate Commercial Mortgage | Interest rate will not fluctuate keeping monthly payments from fluctuating too bad during the term of the loan. |
| Hard Money Loan | Loans from private lenders based primarily on the hard asset value (commercial building, vacant land, etc.). |
| Interim Loan | A loan covering only two (2) years or less. |
| Joint Venture | Structuring the mortgage to maximize cash flow potential with the help of an investor or business partner. |
| Participating Mortgage | Lender participates in property revenue and gets a “kicker”. Gives lender more incentive to give a loan. |
| Real Estate Sale and Leaseback | Lender purchases land and leases back to borrower (generally developer) for a fixed rent plus other considerations. Mortgages are issued on leasehold at market rates. Usually, produces more dollars than a mortgage. |
| Real Estate Purchase Loan | Lending for the purchase of commercial real estate. |
| Second Mortgage (Commercial) | Loan secured by equity behind that of the first lien. |
| Wraparound | Lender makes a second mortgage and assumes the first mortgage. |