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.
Contact Commercial Loan Direct Mortgage Lender Offering Commercial Loans & Apartment Loans
business professionals, CPAs, attorneys, financial planners, etc. can affiliate with Commercial Loan Direct to earn fee income by referring commercial real estate transactions.
Calculate your yield maintenance prepayment penalty using our online calculator. We provide a variety of commercial loan calculators to commercial real estate investors.
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
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Calculate your debt service coverage ratio for commercial loans. Use our calculator to calculate the NOI needed for a selected DSCR.
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Affiliates and referrals for webmasters and website owners program by Commercial Loan Direct - join one of the best paid programs on the internet
Learn about the different types of commercial loans and real estate lending programs offered by CLD with our loan finder. CLD provides Fannie Mae, Freddie Mac, FHA, CMBS, Conventional, Insurance, USDA, SBA, Bridge, and Construction Loans.