Definition: A commercial loan is a loan between a business and a bank to fund capital expenditures and/or operating costs. Commercial loans come in two forms - owner-occupied mortgages and investment mortgages. If the property's sponsor(s) use over 50 percent of the building's useable square footage, the commercial loan is said to be a owner-occupied commercial loan. Otherwise the commercial loan is considered to be an investment mortgage. To be considered a commercial loan the property being funded must be zoned commercial and not residential.
Listed below are a few resources that may be beneficial in your understanding of commercial loans and how they work.
For information on how to qualify for a commercial loan please visit our 5 steps to get a commercial loan article. For other questions in the requirements of getting a commercial loan, you may also visit our faqs page, or send us a message through our contact form.
For current commercial mortgage rates you can visit our commercial loan rates page or our apartment loan rates page if the property is multifamily.
The types of commercial loans available are listed as follows:
To find out what type of loan you may qualify for, you may visit our loan finder tool.
To apply for a commercial loan, simply fill out our free quote request. You may also use our free commercial loan forms during the process to help expedite your loan application.
SBA 504 loans from Commercial Loan Direct. Offering refinancing, lowest rates and lowest closing costs
Commercial Loan Rates & Tools provides a variety of calculators and tools for commercial loans including commercial loan rates, loan package guides, a loan finder to find loan products you qualify for, video guides, and more.
Manufactured housing apartment loans and manufactured housing multifamily mortgages by Commercial Loan Direct. Offering lowest rates and lowest closing costs. Commercial mortgage lender offering manufactured housing apartment financing, manufactured housing mortgages, and manufactured multifamily home mortgages.
business professionals, CPAs, attorneys, financial planners, etc. can affiliate with Commercial Loan Direct to earn fee income by referring commercial real estate transactions.
Mixed use commercial mortgages and loans by Commercial Loan Direct. Our Company strives to offer the lowest commercial mortgage rates in the marketplace. Mortgage lender offering mixed use property financing
Commercial loans can take 2 different forms – owner-occupied mortgages and investment mortgages. When the collateral is owner-occupied, the property’s sponsor(s) use over 50% of the building’s useable square footage for their personal businesses. Any other use makes the collateral investment property. It is important to note that in order to securitize a commercial loan properly Commercial properties must be zoned appropriately.
Use our commercial loan rates graphs to see how the key markey interest rates are trending.
Life insurance company commercial loans nationwide by the leading online mortgage originator. Offering multiple options Nationwide. Lowest fixed rates and closing costs. Financing simplified.
