A commercial mortgage is a loan made using real estate as collateral. It is similar to a residential mortgage except, the collateral is a commercial building or other business real estate. This type of financing is beneficial in many circumstances. For instance, one may require funds for: BUSINESS EXPANSION REFINANCE OF EXISTING DEBTS OR LEASES PURCHASE OF PROPERTY OR EQUIPMENT The value of a broker within this field cannot be overstated, due to the specialized nature of every commercial mortgage transaction. The FAIRCHOICE Mortgage Co. Team has Commercial lenders that will fit your particular business.
