Commercial mortgages play a crucial role in financing the acquisition or refinancing of commercial properties, including office buildings, retail centers, and industrial spaces. Unlike residential mortgages, these loans are for businesses, investors, and developers. There are many types of commercial mortgages. Traditional Commercial Mortgages Traditional commercial mortgages, offered by banks and credit unions, are the most common type of commercial mortgage. These loans are secured by the commercial property itself and have flexible lengths.
31 March 2023
