Commercial
Your Commercial Financing Team
Have the top performing mortgage broker team to give you an unfair advantage against the bank!
Why Use a Broker?
Commercial mortgages are subject to different laws and regulations than residential mortgages. The rates and products available are also affected by completely different market forces. You can read about why there is a lack of commercial rates being posted by any bank.
Compliance and legal requirements can add complexity and higher rates can add risk, it’s critically important to have an experienced team when you venture into the commercial mortgage market.
Since all bank managers and advisors work for the bank, they are in direct conflict when working to help you with your financing. Their priority is to create profit for the bank they work for. It is of utmost importance to have an independent advisor to represent your interest. This is where we come in.
MortgagesLab Financial offers you Canada’s broadest mortgage product lineup backed by our knowledgeable team of mortgage lending experts. We will consult with you to analyze your needs and develop a customized proposal detailing your loan strategy.
Our expertise covers a very diverse range of real estate development and investment properties that include high-rise residential, industrial, shopping centres, multi-family housing, office space and land.
We can assist you with your financing in the following areas:
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First & Second Mortgages (some CMHC insured)
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Retail
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Office
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Industrial
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Hospitality
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Construction and Term Financing
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Mezzanine
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Equity Take-out
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Joint Ventures & Partnerships
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Private Funding
Financing Options
CMHC Multi-Family Financing
We have access to Canada’s leading lenders of CMHC-insured mortgages on multi-family residential properties. We have dedicated teams that completely understand CMHC underwriting policies and procedures which facilitates quick turnaround. Financing is available on a fixed or floating rate basis. Typical property types include: apartment, condominium, retirement home and nursing home.
Conventional Financing
Conventional program provides financing from $2 million to $30 million on a fixed rate basis. Terms are available from 1 to 20 years and for up to 70% of the property value. Typical property types include: multi-family (apartment, condominium, retirement home and nursing home), retail, industrial, office and mixed-use.
Small Loans Program
The Small Loans Program provides conventional financing for up to 75% of the property value to a maximum of $3 million. It is ideal for properties such as multi-family (apartment), store front, retail, industrial and office.
Floating Rate Program
The floating rate program provides financing with a variable rate for up to 24 months. This program is ideal for clients who are looking for short-term financing to assist with construction, renovation or repositioning projects.
Contact us today to book your free consultation on how you can get the best value out of your commercial mortgage.
Featured Services
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Translation Services
“Engrish” is funny but it can become tragic when used in business. We are here to help the Asian community that have difficulty with English during their business interactions to represent their interest. We can provide support in Mandarin, Cantonese or Vietnamese.
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Commercial Lease and Rental Agreements
Each province may have different rules and regulations that could affect the property and the future income of that property. Ignorance of the law is not a legitimate reason before the court. We can help you understand the differences and nuances of each geographic region.
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Incorporating your business
To incorporate or not to incorporate? When should you do it and why should you? There are many good and bad reasons for incorporating. Learn how we can help you in making the right decision.
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Business Consulting
Is your business experiencing bad weather? Do you feel like you’re stuck in neutral? Do you want to shift gears to the next level? Allow me to help you. Let’s start do things differently. Let me help you jump to the next level.