Commercial mortgages and real estate loan types
There is a wide variety of commercial mortgages available for your business. To help you pick the best option we have listed options available to you so you can make an informed decision.
For details of the most suitable commercial mortgage option for you simply click on the lady above and one of our commercial mortgage specialists will call you now.
Commercial mortgages can be used for the following:
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Shopping centers, industrial buildings, office buildings
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golf courses, resorts, hotels, parking garages, car washes
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construction loans, ground leases, seconds, wraparounds, etc.
| Capital Type |
Capital Type Definition |
| Acquisition and Development |
Raw land infrastructure development (streets, utilities, etc.) |
| Adjustable Commercial Mortgage |
Interest moves with a specific index (Prime, T-Bills, etc.) |
| Construction Mini-Perm |
Construction with 3 to 5 year loan, usually on income property. |
| Construction Loan with Take-out |
Construction with pre-arranged takeout loan in place. |
| Fixed Rate Commercial Mortgage |
Interest Rate remains constant throughout the term. |
| Hard Money Loan |
Loans from private lenders based primarily on the hard asset value (commercial building, vacant land, etc.). |
| Interim Loan |
A short term (2 yrs or less), bridge or project type loan. |
| Joint Venture |
A financial partner in the development of real estate. |
| Participating Mortgage |
Lender receives a kicker for gross income above a preset level. |
| Real Estate Sale and Leaseback |
Lender purchases land and leases back to borrower (generally developer) for a fixed rent plus other considerations. Mortgages are issued on leasehold at market rates. Usually, produces more dollars than a mortgage. |
| Real Estate Purchase Loan |
Lending for the purchase of commercial real estate. |
| Second Mortgage (Commercial) |
Loan secured by equity behind that of the first lien. |
| Wraparound |
Lender makes a second mortgage and assumes the first mortgage. |