Toronto Mortgage Rates

  Commercial mortgages are a type of loan used to finance properties intended for business purposes. These properties may include office buildings, retail spaces, industrial warehouses, or multifamily apartments. Unlike residential mortgages, commercial mortgages have distinct characteristics, including higher interest rates and shorter repayment terms. Understanding these differences is crucial for making informed decisions when it comes to financing your commercial property. Commercial Mortgages for Business Properties Commercial mortgages are specifically designed to finance properties that are intended for business purposes. These properties can include a wide range of commercial real estate assets, such as office buildings, retail spaces, shopping centers, industrial warehouses, hotels, and multifamily apartment complexes. Unlike residential mortgages that are used to purchase homes for personal use, commercial mortgages are tailored to help businesses and investors acquire and d