Qualifying for Commercial Land Financing
If you’re in the market to purchase income-producing real estate – retail space, office complexes or rental buildings – commercial land financing could be an option for you. At InTrend Mortgage, our experts have the experience to negotiate the best possible rates and terms for you, and will aggressively negotiate the lowest possible commercial land financing rates with multiple lenders on your behalf.
What kind of financing is right for you?
It all depends on what kind of financing you’re looking for – commercial land financing, an industrial or business mortgage, franchise development or a small business land mortgage. It also depends on how the real estate will be used. Commercial land financing plans have varied terms, from a few months to 30 years, as well as varied fees and interest rates.
InTrend Mortgage agents have the knowledge and experience to help you determine what mortgage or financing option is best for you based on your unique situation.
What are the minimum down payment requirements?
Financing commercial properties comes with firm requirements when it comes to down payments, equity and property income.
With the classic commercial financing program, a 35% down payment is required. If 35% down is not feasible, secondary financing may be available. Our InTrend Mortgage agents can quickly help you determine if you qualify.
If you’re buying a multi-residential building, a 15-20% down payment is usually standard, though we suggest having 25% available as there are other factors that may come into play, such as geographic location. An InTrend Mortgage agent can help you navigate through the process and achieve the lowest possible mortgage rates and the best possible terms.
Call us today at 905-780-8988 to find the lowest available lending rates on commercial land financing.
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Qualify For Low Mortgage Interest Rates
InTrend Mortgage agents will help you qualify for the lowest possible rate on your next mortgage.
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Last Updated: 22-03-2023
*Rates are subject to change without notice.
Low Interest Rates are Just the Beginning
InTrend Mortgage agents understand that finding the right mortgage plan starts with finding the best mortgage loan rates possible. Your agent will creates the perfect mortgage plan by carefully considering your needs.
- Do you save more and get a lower interest rate with a fixed mortgage?
- Are you better served with a variable rate?
- How long of a term should your mortgage be, based on how long you plan to keep the home, business or investment property?
- Is your mortgage plan flexible enough to allow for lump sum payments or increases to yori monthly payment?
Your InTrend Mortgage agent could save you thousands of dollars on your next mortgage
That’s because every InTrend Mortgage agent negotiates on your behalf with multiple lenders to find you the absolute lowest mortgage loan rates possible. Free from the limitations of dealing with individual banks or lenders, your agent works tirelessly to deliver a mortgage plan that will beat all other mortgage rates, with the terms that match your needs.
Call us today at 905-415-8488 – and let an InTrend Mortgage agent show you how much money they can save you on your next mortgage.