Mortgages

At Clover Mortgage, we are dedicated to making commercial mortgages accessible to as many as possible in the Greater Toronto Area, and you can purchase a newly built property for business purposes with one. The major kinds of industrial facilities that we finance are as follows:

• Office buildings
• Apartment complexes
• High-, mid-, and low-rise structures
• Industrial
• Commercial
• Institutional
• Condominiums
• Service stations
• Warehouses
• Shopping plazas
• Restaurants
• Accommodation facilities
• Bed-and-breakfast inns
• Hotels
• Lodges
• Motels

Applying for a commercial property loan is not something that you could accomplish overnight, and more importantly, it is almost impossible to zero in on the best possible offers in the said category on your own. Fortunately, when you team up with us, we will work with you to not only understand your requirements but also assess your affordability concerning the same and provide you with appropriate recommendations to help narrow your options.

A few of the key documents that you will need to submit when obtaining a commercial mortgage from any of our impaneled lenders are as follows.

• A property appraisal from a professional authority
• Environmental analysis report – phase I
• Machinery evaluation report – if applicable
• Organizational financial statement
• Sales deed – if applicable
• Net worth statement of the borrower
• Credit report of the loan applicant – one must be able to substantiate previous borrowing as well as timely repayment history

(Note: The above list is NOT exhaustive.)

Whether you are contemplating purchasing a commercial property of $50 million or $.05 million, our seasoned and qualified specialists possess the experience as well as the expertise to help you obtain financing based on your profile in the shortest possible time. We will also ensure that you fully comprehend the terms and conditions of the chosen lender before signing your mortgage agreement.

Call us now for any queries or further information on our commercial property loans!