Commercial Loans

Commercial loans are for investors who are looking to refinance or purchase commercial property.

Whatever your property goals are, MortgageWorks can help you find the best commercial solution. 

We’re also here to answer your questions.

How hard is it to get a commercial loan?

Commercial loans can often be more subjective, with a lot more factors to consider when comparing them to residential home loans. We can help you simplify the process, while determining whether you might be eligible for a commercial loan.

What are the types of commercial loans?

From term loans, lines of credit, construction facilities, lease docs, to equipment finance, and buy and hold commercial real estate loans, there are so many different commercial options available. We can walk you through what’s best for you, tailored to your objectives, property goals, and unique financial position.

What is the term of a commercial loan?

Generally speaking, commercial loan terms can range from 5 to 20 years, with some banks going up to 30 years.

What is required to get a commercial loan?

This is subject to a variety of different factors - including property type, borrower characteristics , purpose of the loan, etc. On average, lending institutions will require documents like balance sheets, bank statements, cash flow statements, profit and loss statements, & tax returns.

Commercial loan rates

We understand that finding the best commercial loan will be one of your top priorities. Our alliance with banks of all sizes means the right commercial loan rate for you is out there, it’s just a matter of finding it. 

When it comes to a commercial loan—whether it is a short-term commercial loan or a long-term commercial loan—interest rates tend to be higher across the board. 

Are you ready to apply for a commercial loan?
We can help.